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: Bradley W. Price who wrote (14612)	2/22/1998 3:53:00 AM
From: Kerry Lee	Read Replies (2) of 29386

<<StorageTek-heard anything more here Kerry?>> I would rather not speculate. PS - with the dismal quarterly results released on Friday, I'm surprised we haven't heard from the 4 Stooges get on the soapbox lately to blast the Company and the "Cult" members...that small rally to 8 1/2 on Thursday right after the conference call sure looked like a minor short squeeze to me.One would think that any Shorts would have viewed last Thursday as THE day to cover, considering the magnitude of bad news, ie low revenues, more write-offs and no oem deals to announce. I guess they only have another 12 months to wait for bankruptcy/de-listing while the $11 million cash infusion keeps "Ancorpse" barely "alive and kicking" for another year <g>.

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