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

To: Earl Jones who wrote (14430)	2/18/1998 11:15:00 AM
From: Lhn5	Read Replies (1) \| Respond to of 29386

For 'so many' people taking profits on 'short term' positions, it sure seems quiet, steady and orderly. Maybe Earl has the right idea regarding the rest of the day. Something hidden til now just has to be revealed tomorrow, right guys?

To: Earl Jones who wrote (14430)	2/18/1998 11:42:00 AM
From: iceburg	Read Replies (1) \| Respond to of 29386

<<When ANCR slid from 12 to 5, the market clearly knew something that I did not ... snip ... Again, I think the market knows something I don't>> Earl, That is likely, but do you really believe that the FMV of ANCR has changed from 5 to 41 to 3 to 12 to 3 1/2 to 9? It is a particularly volatile stock and subject to lots of emotional investors that drive the stock in each direction. <<With expectations low, and new management hoarding news, I am looking forward to the CC.>> That is an contradiction. You say expectations are low yet the stock rise had taught you to expect something good from the CC. Your expectations are high. As has been pointed out before, if Ancor did have OEM contracts (I have no idea) they would not be allowed to divulge them at a CC, they would be under NDA. It would be at the customer's discretion to announce the product and deliver the thunder, not Ancor's. I am hoping they can give an indication of some kind that things are going well, even if they cannot be specific - that alone would make me happy. Steve