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

To: mike fredricks who wrote (12007)	10/30/1997 11:01:00 AM
From: Ed Schultz	Read Replies (1) \| Respond to of 29386

Once a dog, ALWAYS a dog. But hey, that's what I have been saying for several months now! (And probably will be for the next 6 months!) SELL! SELL! SELL!

To: mike fredricks who wrote (12007)	10/30/1997 12:19:00 PM
From: THOMAS GOODRICH	Respond to of 29386

Todays selloff in ANCR is not reflective of long term prospects for either Ancor or the technology. Obviously when a stock declines people tend to overreact and get upset wishing they had foreseen the event to short or conversely on good news to have bought in on earlier lows. While it is extremely disheartening to hear that projections for the fourth quarter may not be so great, yet Qtr 3 was good and looking forward to 1998 qtrs 3 & 4 prospects are extremely bright. So I have to disagree with Ed's sentiment which is probably very short-term focused. Ancor is actually better positioned now than at any other point in time and patient risk-tolerant investors will likely reap substantial rewards. Whether ANCR is a good play in the next few weeks I really can't hypothesize, but, personally I view today's bearish happenstance as yet another buying opportunity. So guys, let's get this thing down to $5 again<g>! Tom Goodrich