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


To: szabel who wrote (28833)8/31/2001 8:01:11 AM
From: Bob Frasca  Read Replies (4) | Respond to of 29386
 
It is evident that QLGC is down with the broader market but it has fared better than most. While I know you enjoy patting yourself on the back, this trend was fairly predictable which is why I have had some success selling covered calls on the way down. You'd be wise to remember that the last time the Q visited these kind of numbers it bounced back to 60 very quickly.

Why is it that the vast majority of you short sellers feel the need to make up derisive names for the stock? Does it make you feel superior somehow? How pathetic, it's only a stock. Do you make up cute little names for mutual funds and bonds as well?

The fact is, QLGC is an excellent company doing an excellent job in a bad market. If you're half the investor you think you are, why don't you throw out some names of companies that you think are worth investing in right now. I doubt you will though. You're the internet equivalent of the kid who stands on his front porch who, while poised to run inside at the first sign of danger, yells insults at people. Did you get beat up a lot in high school?