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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: BuzzVA who wrote (13457)	1/5/1998 5:32:00 PM
From: THOMAS GOODRICH	Read Replies (1) of 29386

You may indeed be a "sucker" near-term, however, hopefully not long-term. While I believe ANCR is certainly an attractive buy at the $5 level, we still need to survive another quarter or two of dismal earnings. While the market has factored-in this projection, hearing it replayed from management will likely hold the reins on the stock price until the clouds pass. Some new press releases signifying Ancor is still alive and kicking would'nt hurt either<g>. Tom Goodrich

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