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


To: Alan Aronoff who wrote (13944)1/28/1998 4:38:00 PM
From: Eleder2020  Respond to of 29386
 
Alan,
If you take the Bollinger's out 6 months it seems the die is already cast and that we are headed for a strong move up or down no later then next week, though I would have liked to seen the Bands narrow for a few more days.ANCR hasn't always done well hanging on the upper channel line on 6 month charts and has often done best ricchotting off the bottom band when the bands get this narrow.
Meanwhile I've had 11 ANCR buys over 20 months and no sells so I can't even figure out why I look at the technicals except that you start to learn ANCR really does have a rhythm and probably will help me in the future. Very comfortable with ANCR holdings.

Ed



To: Alan Aronoff who wrote (13944)1/29/1998 12:49:00 PM
From: Alan Aronoff  Read Replies (2) | Respond to of 29386
 
Yowsa.

This is the "strong move" I was looking for. I consider a close above $6 very bullish and it signals to me there is some imminent posititve news out there...



To: Alan Aronoff who wrote (13944)2/2/1998 9:38:00 AM
From: Alan Aronoff  Read Replies (1) | Respond to of 29386
 
A fair amount of FC related news on the wire this AM.

SGI announces it will resell storage solutions from EMC and Ciprico.
newsalert.com

New EMC enterprise storage solutions.
newsalert.com

EMC expands enterprise backup capabilities.
newsalert.com

Crossroads ships FC-to-SCSCI router.

4100:
newsalert.com

4400:
newsalert.com