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

To: iceburg who wrote (12194)	11/3/1997 2:34:00 PM
From: Mike Fredericks	Read Replies (2) \| Respond to of 29386

>> Not sure why you would devote so much time to a stock you have no >> interest in. Care to explain? In Ed's defense: For many months, I sat on the ISGI/TWTI thread and warned anyone who would listen that the stock was a scam and hunk of junk. And this type of comment was the most frequent response that I got. Why did I devote so much time? Because I had lost money and didn't want anyone else to do the same. While I am long ANCR and do NOT view ANCR as anything close to an ISGI/TWTI scam, Ed may see ANCR in this light and that's why he may have an interest in posting here. (For those that don't know ISGI/TWTI was allegedly a long-distance phone company, but all they did was run Reg S's and take the proceeds and pay the officers large salaries.) I guess I just don't want to see us run someone off who A) is not a short but B) is also bearish on the stock. Often times the opinions are valid. -Mike

To: iceburg who wrote (12194)	11/3/1997 2:58:00 PM
From: Eleder2020	Respond to of 29386

Steve- What incensed Ed D. off was us discounting his TA but Alan asked about what type of TA he was using.He was so angered by this you would think his techniques were pretty involved given the level of anger or was he using simple Moving Averages or did he use Bollinger Bands(simple or exponential)good for picking reversals?, volume charts, money flow , Super K-fast and slow lines.Ed just never explained which form of TA he used and WHY!! so we could follow along. Most of ANCR's potential clients have been down similar ammounts to ANCR over the last 60 days. They seem to be rebounding today.Will ANCR be far behind? Ed