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

To: Lhn5 who wrote (15747)	4/15/1998 9:52:00 AM
From: Craig Stevenson	Respond to of 29386

Larry, Thanks for the explanation. I'm kind of amazed at how symmetrical the triangle is. Now, if we only knew what direction the breakout would be. <g> Craig

To: Lhn5 who wrote (15747)	4/15/1998 10:09:00 AM
From: Craig Stevenson	Respond to of 29386

To All: BoxHill just opened, and they are getting clobbered. Down almost $3. This is a company with no debt, and $50 million in cash and equivalents. Craig

To: Lhn5 who wrote (15747)	4/15/1998 10:19:00 AM
From: Craig Stevenson	Read Replies (2) \| Respond to of 29386

To All, I just had a thought that I would like to bounce off some of you here. As you know, I think there will be some sort of charges associated with the Sun loss. However, it just occurred to me that Ancor could use up the reserve that they have been accumulating over the last few quarters to cover this, without impacting the bottom line. That could explain why they continued to take the reserve, even when it appeared as if it wasn't being used. (Maybe they wanted to play it safe regarding Sun.) Any thoughts? Craig