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

To: Harlock who wrote (23539)	7/30/1999 12:53:00 AM
From: trendmastr	Read Replies (1) \| Respond to of 29386

Anyone here concerned about the timing of the offering? As ANCR heads off on the road, the NAZ continues its downward spiral. From Briefing.com: <<General Commentary: Well that recovery didn't last long... A stronger than expected 1.1% jump in the employment cost index rekindled inflation fears sending bond yields higher and tech stocks lower, much lower... You know psychology is fragile when the entire market sells off on the ECI report... With market back on Fed watch and most of the big earnings news out of the way, days like Thursday are going to be all to common I'm afraid... Any early rebound today unlikely to last as traders move to safety of sidelines ahead of weekend.>> tm