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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: Greg Hull who wrote (19017)10/31/1998 9:17:00 AM
From: KJ. Moy  Read Replies (1) of 29386
 
Greg,

My observation the past couple of weeks is that MM's are interested to hold Ancor at a steady to higher level gradually. They are not eager to raise the bid or drop the offer either. They know the fire power of RegD guys are diminishing . If and when OEMs are announced, they can profit from what they have been accumulating in their inventory.

KJ
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