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: ShamukE who wrote (20320)	1/21/1999 1:24:00 PM
From: Patrick Sharkey	Read Replies (2) of 29386

Roger, that downgrade information is curious. My Zack's information is that Ancor was rated as "Moderate Buy" last week, and that it retains that same rating this week (second best rating out of a five-tire system). The screen that appears to me must be behind the curve. Whatever, it appears that the last of the momentum players are gone, and that we are headed back to the point where the momentum buying started, wherever that is. What was this stock at the first day of trading in the new year, and I can't recall what the price was when the Forefront Graphics announcement was made (5.5 or so?) Perhaps we will be revisiting those levels, perhaps not and yesterday's gap down to 7 1/4 will hold? pat

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