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

To: PAR who wrote (25453)	1/9/2000 10:46:00 AM
From: KJ. Moy	Read Replies (2) \| Respond to of 29386

PAR, <<Does anybody ever recall a price drop and corresponding volume on 'good' news? >> Are there any impending 'BAD NEWS'? I don't believe anyone would know. On the other hand, if the "NEWS' is a 'NO NEWS', then it will be perceived as 'GOOD NEWS', (i.e. SUN's relationship is solid which we knew, earnings will meet expectation which we knew). Don't you agree? KJ

To: PAR who wrote (25453)	1/9/2000 12:47:00 PM
From: Eleder2020	Respond to of 29386

>>I don't think that 8 mil shares and a 20% drop in price (and just on fri) was because of profit taking, panic selling and/or a combination of factors<<< Actually in July to August it took us about 29 trading days to go from 39 to 15 and there wasn't anything fundamentally wrong. It took us something like 24 trading days to get from 94 rp 37. So there is history. The perception then was that the stock was just ahead of itself.needed more OEM's, Revs, short sellers, SUN on shaky ground. I have no idea what they will say on Monday but PAR we have gone through this before as have you. Par and all- Good luck tomorrow. ED >>>>To: Eleder2020 who wrote (23607) From: PAR Wednesday, Aug 4, 1999 8:46 PM ET Reply # of 25463 Gang, having bought back in the dollar range, I just threw in the towel on half my holdings. Who was it that said 'no one went broke taking a profit'. Or when asked how he aquired his wealth the reply was 'I sold too soon'. A couple of my favorite quotes. I'm just plain scared to lose everything if past history repeats itself with ANCR. Would have been nice to catch this one at the peak ... but that's how it goes. I feel for those that did buy at the peak both this time and the last time around. <<<<

To: PAR who wrote (25453)	1/9/2000 12:47:00 PM
From: Eleder2020	Respond to of 29386

>>I don't think that 8 mil shares and a 20% drop in price (and just on fri) was because of profit taking, panic selling and/or a combination of factors<<< Actually in July to August it took us about 29 trading days to go from 39 to 15 and there wasn't anything fundamentally wrong. It took us something like 24 trading days to get from 94 rp 37. So there is history. The perception then was that the stock was just ahead of itself.needed more OEM's, Revs, short sellers, SUN on shaky ground. I have no idea what they will say on Monday but PAR we have gone through this before as have you. Par and all- Good luck tomorrow. ED >>>>To: Eleder2020 who wrote (23607) From: PAR Wednesday, Aug 4, 1999 8:46 PM ET Reply # of 25463 Gang, having bought back in the dollar range, I just threw in the towel on half my holdings. Who was it that said 'no one went broke taking a profit'. Or when asked how he aquired his wealth the reply was 'I sold too soon'. A couple of my favorite quotes. I'm just plain scared to lose everything if past history repeats itself with ANCR. Would have been nice to catch this one at the peak ... but that's how it goes. I feel for those that did buy at the peak both this time and the last time around. <<<<