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

To: Craig Stevenson who wrote (15648)	4/9/1998 3:34:00 PM
From: THOMAS GOODRICH	Respond to of 29386

It would be preposterous to bet on the DOW going straight to 10,000 without some corrective adjustments along the way. There are many companies now in dire need of a reality check. ANCR and many other underpriced small caps should actually benefit from a selloff in the dow. Theory is the money has to flow somewhere. IMO, it would be surprising to see a repeat of the last 2 years when everything went down in tandem. Also IMO, odds are greater ANCR could explode upon announcement of one or two OEM deals or should the company experience revenue growth. I also believe the current share price in this overpriced market reflects low expectations.