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

To: Pigboy who wrote (13168)	12/16/1997 3:51:00 PM
From: ed doell	Respond to of 29386

Pigboy, Thanks, we all need the best of luck in this market. The best of skills, experience and research still seems to result in some punishment for market exposure. Dues paid, I guess. I have been wanting to get into ANCR for awhile, but the darned thing has just not given me the signals I need to feel that a move up will be sustained. And now with the Brocade factor, well, it's an even more mixed picture. So I've taken a wait and see posture toward it. I am thankful that I have, and sympathize with those who have held this stock for some time. The technology appears solid to me. It's the rest of the picture with management and sales that makes me skittish about commitment without confirmation of my usual technical signals. I like Allan scenario the best, although I can't tell whether it is sheer optimism in the face of harsh reality or not. Ed