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

To: Craig Stevenson who wrote (16814)	6/25/1998 8:45:00 PM
From: Fang Li	Read Replies (1) \| Respond to of 29386

Anyone visited Ancor's webpage today? Something about IGS. I think it is time for Ancor to make an announcement similar to the loss of Sun's deal to make us know what's going on. Otherwise, we are still a bunch staying in dark.

To: Craig Stevenson who wrote (16814)	6/25/1998 10:04:00 PM
From: Patrick Sharkey	Read Replies (1) \| Respond to of 29386

Craig, there certainly are people selling short based upon the rumors, and what they may mean in terms of financing necessary to keep the company alive; however, there has been no official confirmation, from anywhere, and the tape has been wrong at times as well. We shall see. That short interest has to cover at some point, and it seems that there may be little to be gained to be short at this point -- although one could have made 15% going short today on a day trading basis.

To: Craig Stevenson who wrote (16814)	6/26/1998 1:22:00 AM
From: iceburg	Read Replies (2) \| Respond to of 29386

Craig, You asked Patrick: "What do you make of the short interest" A hat, a broach, a teradactile Sorry, a little Airplane humor... Seriously, Multiple choice: A. These people are so sure Ancor isn't going to land something that they didn't mind shorting even in the 5's B. This is lead by one of the groups who preys on trouble companies with potential Reg-X conversions imminent C. They are technical Analyst types who have noticed a terrible looking graph ever since April 1 and are jumping on the bandwagon D. Fed up shareholders who decided they couldn't make money owning the stock so they decided to see if they could make money shorting it. E. All of the above. This company will announce its first major contract in 20 moons the day after: A. Job sells his shares and goes short (you know who you are) B. Ed rub-fecal-matter-in-your-face Shultz finally accepts the wager (note that MSFT had a nice run before Crash-95 was released only to be pummelled for months afterwards) C. God finally dispels California into the Pacific where it belongs (j.k.) D. Ancor moves it's headquarters from that trailer-park like buisness complex known as Opus to Lake-of-the-Woods. Warroad, Roseau, or Baudette, you pick guys. At least we will know we have fresh fish coming. E. All of the above. Steve