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


To: Neil S who wrote (16862)6/28/1998 4:53:00 PM
From: John E. Mansfield  Read Replies (1) | Respond to of 29386
 
Craig,

Have you heard from Kerry lately? Has he cashed out on the stock, the board or both? It would be interesting to hear his comments on recent happenings.

John



To: Neil S who wrote (16862)6/28/1998 5:48:00 PM
From: Craig Stevenson  Respond to of 29386
 
Neil,

You have followed Ancor, and a number of other high-tech companies for a long time now. What is your take on Ancor at this point in time? I have mixed emotions, especially with the OEM rumors posted over on Yahoo.

I am quite concerned about Ancor going forward, especially if we don't see a big OEM win in the short term. From a purely technical standpoint, I am also worried about a close below $3 triggering a bunch of margin calls. (This may not apply to everybody, but my broker requires 100% cash when the price drops below $3.) Despite repeated warnings, I'm sure there are a number of people out there with ANCR holdings on margin.

Craig