The New QLogic (ANCR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Craig Stevenson who wrote (18020)	9/13/1998 5:54:00 PM
From: Steve Scribe	Read Replies (1) of 29386

Craig, With the unemployment rate for engineers in the Twin Cities extremely low it is amazing that Ancor's attrition rate can stay at almost at zero. The fact that Ancor is continuing to add people suggests that they are very confident about landing some OEM's and getting new financing. My scenario for the next 3 months is that the Federal Reserve is going to cut interest rates to prevent further declines in Japan, Latin America, and other Asian countries. This will revive small cap speculative stocks such as Ancor that have declined so much due to the flight to quality. If you combine this upturn in small cap stocks with say 1 to 3 OEM announcements during the remainder of this year combined with new financing I think Ancor could see some spectacular percentage increases in it's stock price from the current price. All IMHO, Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next