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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: Craig Stevenson who wrote (16814)	6/26/1998 1:22:00 AM
From: iceburg	Read Replies (2) of 29386

Craig, You asked Patrick: "What do you make of the short interest" A hat, a broach, a teradactile Sorry, a little Airplane humor... Seriously, Multiple choice: A. These people are so sure Ancor isn't going to land something that they didn't mind shorting even in the 5's B. This is lead by one of the groups who preys on trouble companies with potential Reg-X conversions imminent C. They are technical Analyst types who have noticed a terrible looking graph ever since April 1 and are jumping on the bandwagon D. Fed up shareholders who decided they couldn't make money owning the stock so they decided to see if they could make money shorting it. E. All of the above. This company will announce its first major contract in 20 moons the day after: A. Job sells his shares and goes short (you know who you are) B. Ed rub-fecal-matter-in-your-face Shultz finally accepts the wager (note that MSFT had a nice run before Crash-95 was released only to be pummelled for months afterwards) C. God finally dispels California into the Pacific where it belongs (j.k.) D. Ancor moves it's headquarters from that trailer-park like buisness complex known as Opus to Lake-of-the-Woods. Warroad, Roseau, or Baudette, you pick guys. At least we will know we have fresh fish coming. E. All of the above. Steve

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