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


To: Roger Arquilla who wrote (15275)3/19/1998 3:29:00 PM
From: Mike Fredericks  Read Replies (2) | Respond to of 29386
 
Looks like things have stabilized at this level (5 3/4 x 5 7/8). I don't see much volume since this morning. I'm no T.A. person, but it appears as though those who wanted to sell have sold and so there is no more pressure.

I bought more at 5 7/8. Not much more, but I'm at an average of $7.09 (on shares bought this calendar year).

I wish that the company would put out something (anything) positive, even if it's another of those "Telescope people buy 1 whole switch." - especially if it's a MKII switch. Something to show that some customer somewhere is using the MKII (not the old 1/4 gig switches). Which means that it would be through the channel somehow and that production switches are available if someone wanted.

-Fred