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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: nic who wrote (21545)4/27/1999 10:30:00 AM
From: Greg Hull  Read Replies (1) of 29386
 
<<Incidentally, the latest reported short interest in ANCR (03/99) is just over 300,000 - the lowest it's been in over a year.>>

The April report should be available on line any day now. I believe we have found that IBD and WSJ sometimes report it in print before it appears online. It will be interesting to see the April figure in light of Kerry's post.

Why would someone short over 100,000 shares of ANCR? Expectations of failure? Rumor of need for additional financing that would affect share price? Would a depressed price for ANCR be advantageous for someone who wants to be part of BRCD's IPO? I'm clearly missing something.

Greg
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