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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: Kerry Lee who wrote (13758)1/20/1998 11:07:00 AM
From: Craig Stevenson  Read Replies (3) of 29386
 
Kerry,

I think your record on "predictions" stands on its own merits. The timing wasn't always on target, for various reasons, but much of what you said would happen actually did. I noticed that you didn't take credit for one of your other calls. <g> (Lurker hint. Kerry predicted something a while back that a little due diligence on the internet would have proven to be true. Not a big deal, but an accurate prediction just the same.)

On another note. I saw that someone on The Motley Fool said that according to Vicker's, IBM owns 970,000 shares of ANCR as of the week of 1/18. I went back to the Schedule 13G dated January 20, 1997, and they had 865,000 shares, down from 1,200,000 in 1995. If those numbers are correct, IBM has purchased a little over 100,000 shares sometime during the last year. Have you been tracking this? I have not been able to confirm the Vicker's number.

Craig
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