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


To: Patrick Sharkey who wrote (16716)6/18/1998 9:55:00 PM
From: w2j2  Read Replies (1) | Respond to of 29386
 
I remember when Ancor lost Sequent to Brocade. Ancor was the last to know, or at least the last to admit they knew. This is the exact same scenario, except Roy has a lot more credibility than AR did. :( wj



To: Patrick Sharkey who wrote (16716)6/19/1998 1:22:00 AM
From: srvhap  Respond to of 29386
 
<<Seems unlikely, doesn't it, that such
information would have spread, and triggered 6x normal volume over several days, with no one at Ancor knowing the hard information that prompted the trading? >>

All I know is that I called Ancor prior to the sequent deal going belly-up and was told "Ah, we know nothing about Sequent going with anyone else, we have heard nothing" Hey this is the party line. The next day (maybe 2 days later the news hit the wire), the point is that companies are not going to tell any private investor ANYTHING until they tell the world! I expect we we finally learn what everyone else already knows within the next week. I also expect that it will Not be any good news.

Hey Kerry, know your lurking, got any comments?