Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Alan Aronoff who wrote (14394)	2/17/1998 2:20:00 PM
From: iceburg	Respond to of 29386

<<I feel pretty queasy at this level without some solid news to support the price...>> Alan, What happened to "I will become extremely bullish if Ancor trades above 8" <g> Steve

To: Alan Aronoff who wrote (14394)	2/17/1998 2:26:00 PM
From: Craig Stevenson	Read Replies (2) \| Respond to of 29386

Alan, <<I feel pretty queasy at this level without some solid news to support the price...>> Queasy at $9? Just think what it must have felt like at $41. I was out of ANCR then, so I never experienced it. Actually, I sold my shares at $8 7/8, right before the runup. Ed's Cat could probably have timed that one better than me. <g> Craig

To: Alan Aronoff who wrote (14394)	2/17/1998 3:07:00 PM
From: Eleder2020	Read Replies (1) \| Respond to of 29386

Alan- Technically what I follow technically from time to time break down this way. Stochastics turned somewhat bearish on Friday as the K line went over the D line and sitting in the high 80's. Relative strength not bearish yet. Bollinger bands I think can be read either way especially if we finish at nine today,in which the move could continue into tomorrow. I agree that it does look dicey short term here but I'm probably too fixed to the story especially around CC time. One of these days, the story out of one of these CC's will be phenomenal and don't want to miss it. The odds of that happening are increasing in the longs favor the further we get into 1998. Just call me the Ancor Optimist. It really is tough to find if this is new money in Ancor knowing that something is brewing or traders taking one great opportunity to make some hefty profits. I could live with both happening now as we know the traders are always all over Ancor. The contest we should have had was what price Ancor will be a week after the CC. Ed