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


To: Lancelot de La Rochelle who wrote (13433)1/4/1998 9:20:00 PM
From: janski  Read Replies (1) | Respond to of 29386
 
Lancelot,

I continue to maintain that if there are options other then reg D
and yet the board and management need to be forced NOT to take an
easy way out by opting for another reg D then it shows boards' and
managements' continuing disdain for their shareholders no matter the final decision on this matter.

They are wasting shareholders time and energy as well as their own on what should not even be an issue if, as it should, shareholders
interest was their primary concern.

Why don't they they try to close some deals or follow up on leads
provided by Craig S to generate some sales instead? Or better yet
look at their own backyards from not so distant past and see if they could talk SGI/Cray into using fibre channel instead of HIPPI for
this project for example:

techweb.com

But maybe getting Reg D money is easier.



To: Lancelot de La Rochelle who wrote (13433)1/4/1998 9:37:00 PM
From: janski  Read Replies (1) | Respond to of 29386
 
">>No real buying tells the real story though<< This particular story changed ever
since you posted your message on Wednesday morning. Can you do that again on
Monday morning? <g>."

If I were to take a bet I would have to say that it was mostly
speculators, some long term investors from this board, and shorts
covering that made up the latest rally. Year-end rally/January
effect were predicted on this board a month plus in advance and people
also made good on their promise to buy back in new year what they sold after the October conf call. Maybe all who were planning to buy decided to get a leg on the crowd.. It could continue, especially if chart readers decide the technical picture looks good. It could as easily give back its 40% gain just as fast. There is still no financing officially secured, not OEM's, no significant contracts, and a possibly dismal Q4 numbers to come in.