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

To: Roger Arquilla who wrote (14203)2/9/1998 6:12:00 PM
From: BuzzVA  Respond to of 29386
 
Roger, my guess is that anticipation for the clearing-of-the-slate erns release and conference call is decidedly positive. Expectations are pretty low at this point, so ANY surprise will most likely be to the upside. ;~) Doesn't look like many shorts have covered yet either. <gg> Could be a real squeeze in the making! Hope so.

Buzz



To: Roger Arquilla who wrote (14203)2/9/1998 8:33:00 PM
From: THOMAS GOODRICH  Respond to of 29386
 
Roger,

Given long term forecasts for the company and industry, ANCR is a pretty cheap stock IMO. The recent rise is probably more reflective of a correction to an oversold condition rather than a turn around. When ANCR hits $15, that will be a turn around!<g> Let's hope earnings just come in low, rather than lower or lowest. On a final note, why not focus on the positives rather than the negatives?

Tom Goodrich


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