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


To: Techplayer who wrote (25734)1/22/2000 10:26:00 AM
From: The Phoenix  Read Replies (2) | Respond to of 29386
 
Brian,

Maybe you had a hunch but anyone looking at the chart on this pup a couple of days ago would have had to have HUGE balls to buy. This is clearly a manipulated security. The volatility here is not for faint of heart and to tell you the truth I'll be moving my money fairly quickly. As much as I believe in the SAN market and the fact that ANCR has a valuable franchise I think there are other places to put my money that won't have me up at nights. This 20 point move is strange and certainly not predicted by the charts...heck we had a bullish triangle - a very very bad pattern.

OG