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

To: Ed Schultz who wrote (23326)	7/15/1999 10:18:00 AM
From: Bob Frasca	Read Replies (2) \| Respond to of 29386

Hey Ed: I've got a 15 bagger in three years with ANCR. Have you done the same with Microsoft?

To: Ed Schultz who wrote (23326)	7/15/1999 10:27:00 AM
From: donald sew	Read Replies (2) \| Respond to of 29386

ED, >>>> Hey, anyone know how ANCR is doing lately? I hear MSFT has been going up, up, up!!! ;-) <<<< If that is not an example of being LOW CLASS I dont know what is. I presume you are happy to see others lose some of their earnings, since they were probably doing better than you, and even if that was not the case - just simply LOW CLASS.

To: Ed Schultz who wrote (23326)	7/15/1999 10:44:00 AM
From: Mr. Twister	Respond to of 29386

That figures, you show up just like clockwork. The stock has had an incredible run since April and no Ed. The stock decides to take a breather, mainly due to the upcoming secondary, (Not to mention the other positives in NMS, ANALyst coverage, future OEMs, etc.) and little ol' ed shows up. While few expected the pullback to be this severe, before yesterdays confusion, 27 seemed to be the middle ground for the bollinger bands. Amazing watching the trades go through today. Lots and lots of people were stopped out and the MMs knew better then to step in front of ma and pa 100 share sells :) There have been few blocks on either side today. The Thomson site shows at 9:27am central time less than one half of one quarter of the stock has been institutional. They made their purchases and now are sitting back for the weak hands to run. Oh, and they are running today! Like WWG said, DAIN has been kind enough to step up and suck this stock up since yesterday afternoon. Interesting, yesterdays action did NOT include LEHM, and now today, they are no where to be found. Does that mean they are an underwriter? Hope that we soon find out. One thing that has not been talked about is the positive effects that the secondary will have on the bank account. Think about it. They have no debt, some money in the bank, and an upcoming secondary. 80-100mil will go a long way for this company. Just think of the interest they could make on that chunk of change? Not to mention SUNW, HIT, NSO, JNI, etc. contracts. Not to mention that some of the underwriters are likely to be tops in their field,the likes of which this stock has not yet seen? hmmm...Does that mean more coverage? What about NMS? Should that also be considered a positive? NMS will allow a whole new number of institutions and funds to become involved. It should also make it possible for options to be traded on ANCR in time. So we begin another chapter of the Ancor Saga, which one is this, chapter 16 or 17??? Later, Andrew