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

To: iceburg who wrote (12266)	11/5/1997 7:49:00 PM
From: doc	Read Replies (3) \| Respond to of 29386

iceburg, <<There was no news to drive the stock from 11 to 7. do you truly believe that? maybe it wasn't on the wires but take a look at ancr's chart. at the end of the quarter it was obvious the street had the info long before the rest of us heard it in the conference call. the market knew. doc

To: iceburg who wrote (12266)	11/6/1997 9:06:00 AM
From: John Curtis	Read Replies (1) \| Respond to of 29386

Ice: Yep, you're kinda right about the bearish tax loss selling stetement. However, it might just happen since, per the conference call, we can't expect much for the remainder of this year. As for the no news comment to drive the stock from 11 to 7, what do you call that above mentioned conference calls direct reference advising all of us to not expect much until next year? Clearly, it dissappoinged the positive hypsters, and those who'd chosen to believe. This is not to say that ANCR won't do well next year, they very well might, it's just that in light of no positive news to be expected for the remainder of the year.........well, I'm sure short-termers will take their losses to offset other gains. imho, of course. Regards! John~