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

To: Bob Frasca who wrote (16948)6/30/1998 11:03:00 AM
From: Lhn5  Respond to of 29386
 
Craig does the relatively large volume at these low prices without too much price movement signify reaccumulation by MMs?



To: Bob Frasca who wrote (16948)6/30/1998 11:41:00 AM
From: Andrew Kruh  Read Replies (1) | Respond to of 29386
 
Maybe Ancor should skip all this Fibre Channel nonsense and get into head hunting. They're obviously much better at recruiting than anything else <g>



To: Bob Frasca who wrote (16948)6/30/1998 5:33:00 PM
From: Craig Stevenson  Respond to of 29386
 
Larry,

I don't know for sure what the large volume without much price movement means. I don't have Level II anymore (a casualty of the ANCR war), so I can't see who is doing the buying and selling unless I actually sell or buy. Because of the low price, volume indicators can be higher than normal. I think some of what we are seeing is a combination of margin calls (selling) and short covering (buying).

Craig


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