SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: ShamukE who wrote (25358)1/7/2000 11:15:00 AM
From: Wayne Pollard  Read Replies (1) | Respond to of 29386
 
A couple thoughts to reiterate:

o ANCR Management and THE COMPANY hasn't changed or failed in any way.

o With all the attention that the STOCK PRICE got with year-end reviews, are we not expecting more volatility.

o Take Kerry Lee's advice: "don't margin this stock"

o My advice on margin... when you do it, don't shape your expectations for releases or news and be prepared for a very wild ride.

I have been long since Apr '96 and still hold a sizeable portion of THE COMPANY's shares. I will hold the rest until someone pries them from my cold, dead hands.

VR,
Wayne



To: ShamukE who wrote (25358)1/7/2000 11:27:00 AM
From: The Freep  Respond to of 29386
 
ShamukE -- have you ever seen Ancor issue a "results will be on target" PR? Why expect one now? And I believe that a company cannot release such a statement during quiet period (pre-earnings announcement, post end of quarter, I believe).

If you are truly Pavlov's dog, I suggest you review Ancor's press release "pattern." First, you'll notice there is no defined pattern. Second, you'll see that there hasn't been a particularly long gap since their last news, comparatively. I guess time goes slower for you when the stock is going down.

Again, at this point conjecture does little good. You blame the company for not being active right now, but I asked you if YOU were being active in looking after your investment dollars. You've been around a long time. You know Ancor is volatile and will be until earnings become the story. And yes, as I read your post your implication was basically that Ancor "pumped" out the news when the price was going up, but now had somehow gone lax. I think the current management team has proven themselves so far. Don't you?

I'm done.

the freep