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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: Alan Bershtein who wrote (20122)1/13/1999 4:59:00 PM
From: Kelly Igou  Read Replies (1) of 29386
 
<<There are no such thing as ANCR options.>>

Thank god. I'd have been dead broke long ago. And probably dead for real, since my wife for sure would have killed me for the insurance money.

I love options, but they hate me....the only thing I'll touch now is LEAPS, but only if I can't find a good value play I'm excited about.

Too many times I've been absolutely certain things couldn't get worse - then they did. Much, much worse. And not slowly. Rapidly.

Now that we're approaching my own break-even point, I feel somewhat vindicated that I held onto this thing. However, it needs to go to about 16 before I'll feel like I made the right decision three years ago, given how the rest of the market has performed in that time span.

If it goes to 10 and gets taken out, I'll be left with the feeling that I escaped, but that it certainly wasn't worth it.

I want to see 20 by December, but that's a pretty long pull...
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