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


To: Robert C. Nusbaum who wrote (16998)7/2/1998 10:26:00 AM
From: Craig Stevenson  Read Replies (1) | Respond to of 29386
 
Bob,

Undoubtedly, you are correct. Unfortunately, some of us remember when AR correctly called the Sequent fiasco, and most of us that were involved with ANCR at that time give him a healthy dose of respect when he makes predictions.

I have no illusions about AR/Bullstroke's intentions, and I'm not trying to make a case that he should necessarily be believed. I am simply attempting to explain his cryptic messages. (A difficult task, at best.)

The fact that despite these rumors, we are still mired at $3 and change, tells me that there are still negative things out there that haven't surfaced yet. If that were NOT the case, AR/Bullstroke would have had everybody whipped into a frenzy by now. I do not believe that ANCR longs on SI (or Yahoo) control enough shares anymore to move the price around very much. I think the recent volume has come from elsewhere.

Craig