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


To: Craig Stevenson who wrote (12951)12/5/1997 1:39:00 PM
From: janski  Read Replies (2) | Respond to of 29386
 
Craig, no disrespect but I don't think that you or any other people
posting on this thread REALLY know the answers to the questions
you posed. As far as I can tell, the information posted here is
publicly available to anybody with time and inclination to dig it out.
If you are referring to the interpretation of that information then
I would say that even though that interpretation has been 99% of the
time biased towards Ancor's long term benefit, that interpretation
so far has not done much good for the Ancor's stock price as
measured by its performance in the last 24 months.



To: Craig Stevenson who wrote (12951)12/5/1997 2:57:00 PM
From: The Freep  Respond to of 29386
 
I have to say that I find it hard to believe that the information presented here on SI or back on the old, late, lamented MF thread really have any affect on the LONG TERM state of affairs with Ancor.

As to the short term impact of information/misinformation/downright hype online, I'm also not convinced that Ancor is vastly affected these days. It's not as if the price has trended lower because there's been a bear online saying "Ancor's sky is falling!". It's gone lower for myriad reasons that are well known to all here.

Most importantly, however, I wonder who benefits by a concerted effort of a group of well informed investors deciding NOT to disseminate information publicly? It seems to me that the very people who we object to -- the ones who attempt to influence via hype or veiled rumor -- gain the most when the rest of us refuse to combat them. Let's take the for instance of any possible insider buying. Who would gain if we failed to report it on this thread? Only those who try to encourage weaker hands to part with their stock. If you were to ask all the individual investors of ANCR if they are worried right now, you'd find many that are. News of insider buying could keep many of them in the stock (for right or wrong). Lack of news could make them sell. Similarly, such news could bring NEW buyers to the table. What do we gain by not posting it?

I admit that this is a single example. I also admit that sometimes the musings and dreams on these threads (SUN, for instance) can set us all up for disappointment, so I think conjecture should be limited. That said, when the free flow of information gets crimped for any reason, the only people who benefit are the fear mongers and hypesters. I, for one, don't like that. (After all, that's the only reason I still post on the MF ANCR thread -- to combat just such a situation.) Since the forces of "evil" are attempting to foster paranoia, I strongly urge us all not to succumb.

but that's just me,

the freep