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

To: Alan Aronoff who wrote (14758)	2/27/1998 2:53:00 PM
From: Craig Stevenson	Read Replies (1) \| Respond to of 29386

Alan, I was out of the office for a few hours, and you guys let the price slip a little bit. I thought my being out of the office was supposed to be a GOOD thing. <g> I also like the fact that ANCR has rallied without short covering. I was totally surprised to see that the short interest hadn't changed, but I like having a lot of shorts out there. I also think it is highly likely that many shorts covered right after the earnings report/conference call, and that might explain why we held up so well, even after the numbers looked pretty bad. Craig