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

To: The Phoenix who wrote (25381)	1/7/2000 3:09:00 PM
From: Joe Wagner	Respond to of 29386

The mm and shorts can only push it so low before it attracts a whole army of new buyers. Thats when the shorts start to cover and it bounces. Two days ago when it was 55 or 60 I told someone to buy Ancor but save some extra cash in case it goes lower. I said if it goes to 40 you buy more and you will do really well. 40 was the lowest I could picture it going in an extreme downturn. Today when I was checking in on telebroker from my car it was 39 then 40, back up from 37. I called a friend that regretted not buying in the 30's before and told him he better hurry and buy if he wants another chance in the 30's. These are bargain prices that I never thought we would see again. What a ride!