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


To: PAR who wrote (23546)7/31/1999 4:58:00 PM
From: Dennis J.  Read Replies (1) | Respond to of 29386
 
<<Ancor is dropping significantly on relatively low volume. What does this mean....?>>

Seems like pricing of the secondary is at stake. Buyers of the secondary shares, perhaps already allocated, would like a lower price, while Ancor and their representatives would like a higher price.

The road show, potential new analyst recommendations, and any "new" news ought to attract additional buying interest, perhaps as early as next week.

Higher demand usually leads to higher prices. A more upbeat market would help, too.

Dennis