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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: David Andersen who wrote (22889)6/21/1999 11:30:00 AM
From: Patrick Sharkey  Read Replies (1) | Respond to of 29386
 
Many, many shares turned over in the 1-5 range, so for these sellers, who have been in the stock only since last fall, a four-bagger in less than one year is a good return. If this speculation as to the identity of the sellers to new buyers (which hopefully includes some institutions, with more to follow) is correct, it reflects a true turnover in shareholder composition, and a base which will be firm as we move forward.