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


To: Alan Aronoff who wrote (14791)3/1/1998 1:28:00 PM
From: George Dawson  Respond to of 29386
 
Alan, Looks like a Silkworm to me - possibly one of the many sold last year.

This was also a very interesting post on Transoft and their Studio Boss setup, that sounds reminiscent of class 4 FC (but we all know that it is not):

techstocks.com

Other technical considerations include whether you are using compressed versus non-compressed (ATM seems to do OK with MPEG-2) and the size of the animation files (approaching CAD/CAM size). This is a market that Ancor needs to find a partner(s) to penetrate.

George D.



To: Alan Aronoff who wrote (14791)3/1/1998 9:41:00 PM
From: Eleder2020  Read Replies (1) | Respond to of 29386
 
>>On the TA front. It's time for ANCR to make a stand. ANCR should have a positive coming week, closing higher at the end of the week than where it starts and back above the 200 DMA ($7 5/8). I will be quite dismayed if ANCR closes below $7. But I don't believe this is going to happen and I plan on putting some money down to support this belief.<<<

Alan -Agree with that.It is time to make a stand.Let's hope the shorts don't win this round.I think 2 days either flat or even a slight net uptick would give traders a pretty good buy signal.Definately want to hold a close of 7 for the next few days. Would like to see a very narrow trading range tomorrow which would certainly help the Bollinger Bands narrow and indicate we are headed to the next level.

Best of luck, Ed