Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ed Schultz who wrote (12103)	10/31/1997 11:56:00 AM
From: Gator	Read Replies (1) \| Respond to of 29386

Right on Ed. Anyone still in this stock is violating one of the fundamental rules of investing: Don't fall in love with your stock. You guys are acting like a bunch of alcoholics, no matter how much this stock abuses you, you still come back for more. If any of you would have acted on my recommendation to buy Questron (QUST/QUSTP) and dump Ancor before earnings were announced, you would be up a $1 in QUSTP instead of down a couple on ANCR. As I hinted would happen, Ladenburg came out with a buy recommendation on Questron. Do yourself a favor and sell Ancor. You'll sleep better and you will free up money to actually go to work for you. Don't kid yourself. With a trailing 12 month loss of around $1, there's plenty of room for Ancor to go down further (look at all the stocks selling for less than $6/share that are MAKING money). Gator

To: Ed Schultz who wrote (12103)	10/31/1997 12:39:00 PM
From: John Curtis	Read Replies (1) \| Respond to of 29386

Ed: Dead since '96? Jeez, where've you been, your hyperbole completely misses the recent runup(and swings) to +$10, which if memory serves, occurred on the tail end of '96 and into early '97. So to me(since I've, by luck traded to nice profits here), your commentary has all the angst driven signs of a disgruntled, bought at the top, speculator. Now don't get me wrong, there's plenty of room for disappointment, but since I've been playing them on a trader's basis, I'm up nicely as, I suspect, other's are too. Of course the future is an unknown quantity, and to project their future well-being based on your past experience, isn't a good idea in light of the now unfolding(finally, from some folks standpoint) Fibre market sector. My own opinion is that ANCR arrived too soon at the party, and those suitors such as yourself, clearly paid the price if you bought at the wrong times. Ce' la vie'! That's why I consider ANCR a speculation, regardless of timeframe. You pay's your monies and you take your chances, no one's fault except your own. Meanwhile, at least current management is exercising the correct corporate disipline/responsibility by not succumbing to hyperbole. You might do well to remember to do the same! Good luck out there in the market!! John~