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


To: PAR who wrote (13189)12/17/1997 11:20:00 AM
From: Bradley W. Price  Respond to of 29386
 
<All else aside, a stock that is supposed to soar sometime
(soon?) is suspiciously down; something is just plain wrong!>

Paula - if you assume the market is efficiently priced, you are absolutely correct.

If you do not (and I don't), and you start to remember that this stock is on a roller coaster ride from 7 to 40 to 4 to 10 to 4.5, and that investors have emotions, and that the weak hands are likely to fold at the worst possible time (when FC market is about to explode!), then you understand why we are where we at.

IMHO, bp