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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: Adrew Thanh who wrote (3784)3/13/1997 2:18:00 PM
From: Mike Fredericks   of 29386
 
My fault that the price is going down today... it's a rule that I only buy stocks at the intraday high. Sorry, but it's a special arrangement that I have with the MM's. So I bought at 6 1/8 today, buying back in after months of waiting for the right moment. So, today the stock has to be down.

Flip side of that rule is that I have to sell at the intraday low. So, if you'd like, I can sell a few shares and that will guarantee that the stock will not go down any more today.

:-)

-Mike
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