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


To: ShamukE who wrote (25703)1/20/2000 4:47:00 PM
From: Guy Gadois  Respond to of 29386
 
Any or all of the things you stated could be true. A few weeks ago I nibbled and bought 500 shares @45 to add to my position. A week or so later I could have nibbled at 32. Stocks like ANCR will trade at excessive levels both on the downside and then on the upside. Emotion is the driving factor. Like many of the long term holders I try to ignore the various storms we encounter and keep my eye on the possible reward for patience. Let the company do its own thing and we will ultimately benefit. If we don't trust the people running ANCR then we should put our money elsewhere. I am keeping a positive attitude and think we are on the way back to the 70 level. We may reach it sooner than later.

Keep the Faith as some politician once said.

jon