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: Ken Richard who wrote (18940)	10/29/1998 1:22:00 PM
From: Craig Stevenson	Read Replies (1) of 29386

Ken, <<What if they are simply naked shorts, by whomever, making the wrong call ? If this is the case, wouldn't there be a squeeze of Biblical proportions on any reasonable upward movement?>> Undoubtedly, but that is what worries me. If whoever is shorting ANCR continues to short, despite what we perceive as an improving situation, what is their end game? Do they know something we don't, or do they control enough shares that they can force the price down, or is it simply that they have enough unconverted shares that they aren't worried what the price does? I don't have the answers, and that makes me nervous. Craig

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