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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: iceburg who wrote (14427)2/18/1998 11:08:00 AM
From: Earl Jones  Read Replies (2) of 29386
 
What information is contained in the market? When ANCR slid from 12 to 5, the market clearly knew something that I did not. As evidenced by the poor projections which came out during the last CC. Now, the stock has doubled in a relatively short time frame. Again, I think the market knows something I don't. I would not be surprised to see the selling dry up around mid-day, and the price finish up even or just under. With expectations low, and the new management hoarding news, I am looking forward to the CC.

All IMHO,
Earl
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