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


To: Patrick A. Kelly who wrote (23958)9/3/1999 7:38:00 PM
From: KJ. Moy  Read Replies (1) | Respond to of 29386
 
Corinne & Pat,

So, you were the one who sparked the rally and caused my buy order at 23.25 unfilled<g>. The offer was at 23 3/16 when I entered my order. The next second, the offer went to 23.625. I just decided to let it go.

I've done what you just did but in a smaller scale. Concerning Ancor, I believe our time will come and soon. I have a core position that I do not want to touch until a much higher price. And believe me, watching the price dropping like it did was not easy and never can get used to.
The sudden drop and the subsequent rally confirmed my believe that the price action was more of a technical move rather than a fundamental change. And, the technicals are improving. Have a nice Labor day holiday, everyone.

KJ