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


To: Neil S who wrote (15239)3/19/1998 12:59:00 AM
From: Bradley W. Price  Read Replies (2) | Respond to of 29386
 
Well guys, haven't posted lately because too busy at work. I cut my losses yesterday, bailed out of 13K share position with about 100K loss. I completely ignored Kerry's advice to only invest risk capital much to my chagrin. I am not upset, I rolled the dice and took my chances for a big short-term gain. I still think market is big enough for ANCR to do OK, but I was looking for a slam dunk.

I think short term (next 4 wks), this baby is going to trade down, but then again, I have never been very good at predicting short-term movements. I plan on re-establishing a small position sometime in the future. Tks much to the major contributors to the board.

Regards, bp