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

To: J Fieb who wrote (28130)	12/1/2000 7:24:53 PM
From: George Dawson	Respond to of 29386

Volume Comments: JFieb, Q has days when it trades huge volumes. From previous material I posted on Yahoo on 8/25/2000 volume was 16,672,500 on that day. The volume has exceeded 10M shares 5 times in the past 2 years. Those dates, volumes, and price action (day before and day after) were: 8/25/2000 16,672,500 $109.6 -> $100.3 5/9/2000 16,369,300sh $99 -> $61 5/8/2000 12,102,100sh 5/7/1999 10,148,400sh $18 -> $26 7/17/1998 22,370,400 $4.68 -> $6.9 7/20/1998 10,111,200sh $6.88 Historically, 2/4 were either up or down depending on your bias. My take is that there has been a lot of hype the last few days with a negative bias and this may be associated with some accumulation. On the other hand there is probably a lot of momentum action based on the historic volatility of the stock. Just my opinion. George Note: The prices reflect split adjustment done on NASDAQ.com