The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: doc who wrote (22205)	6/1/1999 8:42:00 PM
From: Jim Withers	Read Replies (3) of 29386

Doc; I have to agree with Kerry on this one. The ancor_prophet does sound like a short. He may not be. I may be all wet. But, he has started his own rumors e.g. big meeting in San Jose sun will shine etc. followed by todays post "Can anyone confirm negative news I have heard regarding the recent weather reports? I was under the impression sunny skies were close (within 3-4 weeks), but now I'm not so sure". How are we supposed to have confirmation on the status of a rumor he started? It's a classic shorter's modus operandi. Inflate the hopes of the weak/scared/greedy minded, then, stick a pin in the balloon and watch it deflate. If I am wrong about ancor_prophet then I apologize. However, if he is truly a concerned ANCR long, he should rethink his statements. Don't get me wrong. I firmly believe genuine concerns about the company should be brought to light and discussed. But rumors and "inside" information isn't a fair way to judge the company's success or lack thereof. Jim

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