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


To: Ocean_Joe who wrote (26644)4/27/2000 1:48:00 AM
From: George Dawson  Read Replies (1) | Respond to of 29386
 
Joe and Bob,

Greenberg's comments lack validity and are clearly biased. He openly says this when he refers to the "excellent DD" he gets from short sellers.

By now it should be pretty obvious to everybody that Ancor trades BOTH to the long and the short side in a way that is nearly independent of ANY fundamental or speculative bias. Any combination of factors can move the stock in either direction. It doesn't depend on OEMs or the last quarters revenues, or unsubstantiated nonsense (plus or minus) in the press.

The people moving the stock could care less about the technology or what is really going on at Ancor. It is also clear, especially going into this conference call that not even the analysts knows what is going on at Ancor.

So why don't we stop pretending that we think we know where the stock is headed and face the facts. If you are an Ancor shareholder - you can be a deer in the headlights or ignore all of these head fakes.

OK - you can be an angry deer in the headlights.

George D.