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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: Craig Stevenson who wrote (19886)12/26/1998 12:31:00 AM
From: iceburg  Read Replies (3) of 29386
 
Merry Christmas Craig,

Okay trader, look at a weekly chart and tell why anyone would sell here. When we broke below $9 last October, any trader in there right mind would have run for the hills (and they did). Didn't matter that we paused at 7 1/2. Chart screams "buy me".

I find it amusing how people who check out turn negative once they have sold. Then they gloat if the stock goes down. If the stock goes up you never hear from them again. (where is Panita?)

When money starts leaping out of the Internet stocks like never seen before (as early as Jan 1 and no later than April 1), I hope a portion flows into FC.

Unfortunately, I can't classify myself as an INVESTOR anymore. I have become much more of a short-term trader. (Three years with ANCR as my largest holding has had that effect. <g>)

Steve
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