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

To: Jay Quinty who wrote (14323)	2/18/1998 10:24:00 AM
From: iceburg	Read Replies (2) \| Respond to of 29386

Sometimes I think this stock follows a script. Before the last CC, which had been rumored to contain a record quarter (it did) and contract announcements (it did), the stock was hammered for no apparent reason from 11 => 5 5/8. Then suddenly, right before the CC, it shot back up closing at 7 3/4. Of course the CC was bleak and the stock immediatly shot back to test 5 5/8. Turn the graph upside down and we have today. Running up from 4 13/16 => 8 7/8 for no apparent reason, CC to report a dismal quarter. Right before the CC the stock is run down. I will not be surprised to see a lot of weak hands fold today. Steve