The New QLogic (ANCR) Message Board

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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: Alan Aronoff who wrote (14208)	2/10/1998 9:46:00 AM
From: Craig Stevenson	Read Replies (3) of 29386

Alan, I'm debating what sort of strategy to take regarding ANCR. I want to increase my position, but I am debating whether to do it now, or wait until after the conference call to make sure that things are really on track. The price runup notwithstanding, we still don't have official confirmation of anything. The close above the 200 DMA is a good sign, but without solid confirmation, I'm not convinced it will hold. What happened to all the "technical experts", or do technicals only count when the price is going down? <g> You mentioned in an earlier message that if things looked good, you were going to lean on your margin pretty heavily. I'm thinking of doing the same thing, but I want to be careful. Craig

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