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

To: iceburg who wrote (13996)	1/30/1998 12:17:00 AM
From: Paul Moerman	Read Replies (1) \| Respond to of 29386

Steve, as much as I'm enjoying it (ANCR is my largest single holding), I think we are approaching short-term overbought. Maybe another point up then I think we can expect some normal consolidation for a few days. Altho news means more than technicals on this stock, unless there is some news imminent (and I don't know how we figure that one out), I don't think there needs to be a big rush to buy right here - unless it's for a very quick trade. Still, it sure feels good to have this thing going up strong again!! :-) Paul