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

To: John Curtis who wrote (12699)	11/28/1997 3:58:00 PM
From: Alan Aronoff	Read Replies (1) \| Respond to of 29386

Maybe not major news, but hopefully we'll see Form 4(s) filed over the next two weeks indicating insider buying last month. If it did occur, and in decent volume, I would expect it to support ANCR's current price as the insider(s) probably paid $5 3/4-$6 a share.

To: John Curtis who wrote (12699)	11/28/1997 4:55:00 PM
From: THOMAS GOODRICH	Read Replies (3) \| Respond to of 29386

I doubt ANCR will be affected by tax sellers this season as the share price is already well rung-out. Most of the 10+ speculators have either sold or margined-out (or in) and it's likely those few remaining in the stock will look to take profits and losses elsewhere. In the event we do see a break-out below $5, perhaps the best strategy would be to sit back and look for the $3's. Not a likely scenario unless questions are raisied as to whether or not Ancor is a going concern. BTW, many are not expecting good news of significance until the second half of 1998 when FC is expected to begin ramping up. Tom Goodrich