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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Lancelot de La Rochelle who wrote (13381)12/31/1997 3:46:00 PM
From: craig crawford  Read Replies (1) of 29386
 
<< POCI is well ahead of itself at these levels, but that, for me, is not a reason to sell. I'm in for the very long run. Good thing the reaction today is not ahead of itself. >>

I don't think POCI is any further ahead of itself than ANCR is. Both are trading on "notions" for the moment, not current fundamentals.

I will admit that YHOO and all it's brethren deserve to trade on some notions since they will be successful businesses, but the notions are just a tad out of whack.

Just a tad, mind you.
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