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


To: nic who wrote (12198)11/3/1997 3:21:00 PM
From: Roger Arquilla  Respond to of 29386
 
I just noticed that the price opened up 5/16 above Friday's close. That seems like an unsually large gap for a stock that has been racked by recent heavy sell off. Lately, the opener has been at ask or only a 1 or 2 16ths above the previous days close.



To: nic who wrote (12198)11/3/1997 3:24:00 PM
From: mike fredricks  Respond to of 29386
 
i hope they come out with some good news soon. One factor to remember is that the end of the year is coming. Portfolio managers will adjust their portfolios and many individuals will do the same. i think this will drive Ancor stock down as many people will look to take the loss of ancor vs the gains they have made.

I probally will be one of those as i can think of better places to put my money. I am starting to wonder if the light will ever shine at the end of the tunnel.