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

To: John Curtis who wrote (12098)	10/31/1997 11:03:00 AM
From: Ed Schultz	Read Replies (2) \| Respond to of 29386

>>No panick; but it's dead money(from a trader perspective) until mid '98<< It's been dead money since mid 96! Why should 98 be the magic year? A month ago I made several posts and raised MANY concerns as to why this thing was a dog and why everyone should get out. I got hammered left and right because people didn't want to hear (or didn't want to believe) that this company is worthless! Bottom line is that the fundamentals STILL haven't changed. Even at this price the company is still a loser. At the pace they are going they will have to do yet another stock offering in several months which will mean even more stock dilution which will mean even lower stock prices which means EVERYONE loses. Folks stated a couple of months back the Groupe Bull was a great deal. So how much have we seen from it? NOT A PENNY! What makes anyone think that Schlumberger is any different? Or some alleged government contract? Or AWACS? It is time (finally) to quit hoping and praying and do some logical thinking. Sell this puppy. Buy CYMI or BROD or MSFT or <insert your favorite>. After it goes up 20% in 6 months then come back and reevaluate ANCR.