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

To: JB who wrote (13138)	12/15/1997 3:47:00 PM
From: Mike Fredericks	Read Replies (1) \| Respond to of 29386

Is this the buy signal? This stock has hit the technical low four times and perhaps five. When does it generate the old buy signal? Dunno, but as soon as you think you've convinced everyone else to buy, you'll probably sell. Sorry, just a lurker who's sick of your hype. 3245 days to interop 2007. That's 2937 market days to blast through 20. -Fred (long ANCR and has been since May '96)

To: JB who wrote (13138)	12/15/1997 5:28:00 PM
From: THOMAS GOODRICH	Read Replies (1) \| Respond to of 29386

It's hard to say if the stock has solidly bottomed-out at 4 5/8. But, you should rest assured it's a hell of a lot closer to the bottom than it is to the top <g>! I accumulated more shares today. BTW, regardless of any specific OEM announcements likely to occur, (or not occur)class action certifications or whatever, I really do not foresee much risk at this level. Obviously no meaningful news, Asia concerns and tax-loss selling has taken its toll on ANCR and the other networkers, particularly small caps. As to the BUY signal, Dain-Bosworth states buy above $5 1/2 and has placed a 3 month target price of $10+. Also it isn't likely that any specific OEM deal will make or break this company. Ancor is strong, holds a considerable lead in the technology and the potential markets for its products are substantial. Tom Goodrich