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

To: Nine_USA who wrote (16461)6/5/1998 3:53:00 PM
From: Alan Aronoff  Respond to of 29386
 
ANCR has been pretty predictable today IMHO (right Pigboy? <g>). It continued the positive momentum in the morning until it hit a logical resistance point ($6 1/2) and has pulled back after rising 50% from the recent intraday low ($4 1/4). I think ANCR will safely trade above $5 1/2 for the near future and maybe (cross my fingers) forever and ever.


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