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


To: ed doell who wrote (12398)11/10/1997 2:44:00 PM
From: Alan Aronoff  Read Replies (1) | Respond to of 29386
 
<< My analysis is that this is mainly short covering, especially so if your insider buying analysis is accurate...>>

Another possibility is some pre-COMDEX interest.



To: ed doell who wrote (12398)11/11/1997 6:35:00 PM
From: Roger A.  Respond to of 29386
 
>>>I'm happy to see that things may have turned for you ANCR holders. My analysis is that this is mainly short covering, especially so if your insider buying analysis is accurate...I'm still watching...sure hope I don't watch all the way up, just as I watched the way down!<<<

Ed,

Agghhhh, isn't that the worst. Watching your favorite stock go up and up, only to follow it come down. It's so psychologically nerve wracking. At what point can you get out? I feel that with all the technology losses I've incurred in the past few weeks I just want to sell the stocks that make it back into the black, but I guess if I did that I would be perpetuating the statistic that most people sell their best performings stocks and hold onto all the lame ducks. I think with Ancor I want to hold this baby for a long time. It's just starting to grow....I want to be able to look back years from now and say..."there were painful times, but now my babies all grown up" (to borrow a phrase from Swingers). That's the scenario I think most of us would like to have happen. It may be shorts covering for today, and we may very well swing back down, but I think the long term future is so bright that if you're holding it, you just might want to consider wearing shades. (again borrowed from Timbuk 3)

Roger