Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jay Quinty who wrote (13232)	12/18/1997 4:41:00 PM
From: Alan Aronoff	Read Replies (1) \| Respond to of 29386

You were right Jay. As long as ANCR closed over $5, even if it traded in the $4s during the day, it was in good shape. Once it closed under $5 it has quickly dropped to the level we are at now. As a trader I would have sold/shorted (but you can't short under $5) when it was apparent that ANCR was going to close under $5 (ie last 1/2 hour action). This activity of course has nothing to do with Ancor's fundamentals which appear to me to be far ahead of its stock price.