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


To: J Fieb who wrote (28022)11/3/2000 12:27:15 PM
From: Mark J. Hardie  Read Replies (1) | Respond to of 29386
 
"...Just sitting here in awe of the volume and size of the move. Who is it? What is it? Will it stay this way this time?..."

I don't know, but sometimes I like to just sit and watch the real-time quotes float by in pleasant awe. Maybe someday, someone will be able to explain to me the stock price movements on this company's stock. It sure is volatile, isn't it? Seems like just a few days ago I was musing that it would be nice to 100 again someday soon. Oops, that was just a few days ago...

"...Do we move past 120?..."

Done.

Mark



To: J Fieb who wrote (28022)11/3/2000 12:28:16 PM
From: windmast  Read Replies (2) | Respond to of 29386
 
yes,
impressive, the volume is huge ! almost scary.......
I too am watching in awe.......the volume is gigantic !

fortunately the move is up !
however it shows how we always find out certain things after the fact......this is NOT the whole sector moving, although, yes, this sector has been doing well this past few days....Q has done better.

windmast [ doing better ! :) ]



To: J Fieb who wrote (28022)11/3/2000 2:18:41 PM
From: KJ. Moy  Read Replies (1) | Respond to of 29386
 
J,

<<Have a nice weekend all. Good work. Comdex is coming in a few wks now.... >>

I believe Comdex starts on the 13th, 9 days away. I also believe there are lots of short covering, institution buying today. More importantly, this is what I call re-pricing. QLGC is still undervalue comparing to their peers. In listening to Tom Anderson, he came across as very confident. Even he didn't give specific guidance, he mentioned again the historic growth rate, growth pattern and said he saw no reason why it couldn't continue. He was comfortable with current analysts projections between $530M to $550M annual revenue. I will bet anyone that they will beat that number. That number represents over 100% growth rate year over year I think. May be, just may be, the street is taking notice. All these conference calls are paying off.

KJ