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

To: John Curtis who wrote (12110)	10/31/1997 8:16:00 PM
From: A. Henry Marzullo	Read Replies (2) \| Respond to of 29386

John C. I believe you miss Ed Shultz's point. Not everybody who is an ancor sharehlder is also a trader making money on the wild swings ancor has seen in the last 2 years. Some shareholders are buy and holders like myself, and if you bought in early 96 (before wild run up) like myself, your money has been essentially dead for the last two years. Meanwhile you could have thrown a dart at the Wall Street Journal in early 95, and made money. I believe most investors are aware of the risk especially after the wild runup of spring 96 and the subsequent fall, and then the following crash after sequent fiasco. We chose to be invested in Ancor and have good reason to be very disappointed to date, and we could be disappointed for another six months. So be it, but there is no need to patronize us buy and holders and scoff at our losses. The buy and holders are the steady hands that I believe has been referred to on this thread. As for myself I will be watching closely to see if the new management will be doing some insider buying in the upcoming weeks.If there is no or little insider buying at these prices I will be very concerned. Then my decision will be whether or not to ride this baby into the ground and then six months later for another wild run up.Some times I wish I were a trader yourself.