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

To: Craig Stevenson who wrote (14213)	2/10/1998 10:03:00 AM
From: Lhn5	Read Replies (1) \| Respond to of 29386

Guys, I am curious, over what period of time would you plan to stay on margin for ANCR shares if you get 'convinced' of the inevitability of a major advance? (Or should I say another major advance on top of the one we are still in the middle of). I have never used margin. Don't plan to either. Too scary.

To: Craig Stevenson who wrote (14213)	2/10/1998 10:23:00 AM
From: ShamukE	Read Replies (1) \| Respond to of 29386

RIGHT NOW THE CHART LOOKS PRETTY GOOD AS LONG AS IT STAYS ABOVE 7 1/2. I MYSELF WOULD STAY AWAY FROM MARGIN FOR ANOTHER POINT OR SO AND SOME GOOD FUNDAMENTAL NEWS. FWIW!!!

To: Craig Stevenson who wrote (14213)	2/10/1998 2:11:00 PM
From: Alan Aronoff	Read Replies (2) \| Respond to of 29386

Craig, I'm with you. I have not been able to draw a firm conclusion from the price action due to the lack of volume follow-through. I'm really quite surprised that ANCR has managed to break several resistance levels without significant volume on any of these days. There has been a steady stream of moderate buying pressure over the last couple weeks with little apparent interest by the market to sell/short into the strength. I still believe ANCR would not have made it through the 50 DMA and beyond without some improvement in long term fundamentals. Muddy waters. News today: Cisco Systems Announces Gigabit Networking Solutions newsalert.com Compaq to Lead in Marketshare of Web Host Servers; Six of Eight Top Internet Service Providers Choose Compaq newsalert.com