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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: craig crawford who wrote (13386)12/31/1997 4:34:00 PM
From: Lancelot de La Rochelle  Read Replies (1) of 29386
 
+ 16.95% to be correct.

12/30/94 ANCR closed at 5 5/8 + 1/4 and up from 3 5/8 in mid December.

12/29/95 ANCR closed at 6 3/4 + 3/16.

12/31/96 ANCR closed at 14 + 1/4.

12/31/97 ANCR closed at 4 5/16 + 5/8, or + 16.95%.

Looks loke being long on the last trading day has been a sure bet. As always, past performance is no guarantee for future results. I sure hope that's true for ANCR.

I hope people who sold for tax reasons don't get too emotional; this kind of action was to be expected.

Lancelot
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