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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: Patrick A. Kelly who wrote (22076)	6/5/1999 4:48:00 PM
From: Patrick A. Kelly	Read Replies (1) of 29386

Just an historical perspective: I found this very old Yahoo post of ours in response to someone's question about ANCR's cash position way back when. "cash by: krinky 3 of 5581 NO, we don't think ANCR is running out of cash at this point, but WE are running out cash, margin "wiggle room" and patience. We have been in this hole so deep and so long that it feels normal and comforting when our Yahoo portfolio shows red ink in fewer than four figures a day. We stay because we believe in the future of this company, and long for the day when our decision makes sense! Posted: 12/09/1997 12:11 pm EST as a reply to: Msg 2 by akogut" Well, the days are here when we are making sense and cents way beyond our expectations! I was going to ask when will be the appropriate time to begin taking profits, but our group of appreciated counselors on SI seem to have already answered with a resounding:"You ain't seen nothin yet!" Knowing that the bear has had its day, and the bull is satisfied, when will we be known as pigs? With all due respect to day traders, an added joy that comes with being a long term investor experiencing recent success in Ancor's stock price is that we have been true participants in our capitalist system; the way it was meant to work. Finally, this is the proper time to stand in a circle of Ancor investors and employees and pat each other on the back. Thanks to all of you! P.S. Does Ancor have a company picnic? Should we start one? We'll help!

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