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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: GuinnessGuy who wrote (66207)8/14/1999 8:25:00 PM
From: Knighty Tin  Respond to of 132070
 
Craig, I think the deal with Sun will help Ancor ramp revenues very nicely later this year. There are other deals likely, so I am pretty confident.

I was actually hoping for the stock to get to $19, but, it hasn't done so yet.

I think Ancor is cheap relative to Brocade, but I'm glad I haven't been able to get on my paired trade of long Ancor, short Brocade. The brokers have been chintzy on the rebate for Brocade and that always turns me off. So far, it has saved me some money.

I will probably buy it straight again on the next negative note posted by Paper Chase. <g> Seriously, I am looking for less than $20 as a reentry point.