Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Craig Stevenson who wrote (17094)	7/8/1998 9:41:00 PM
From: srvhap	Read Replies (2) \| Respond to of 29386

<<Seriously, Ed shows many of the signs of a "converted" ANCR investor. He got out, the price dropped, and he can't believe people still think the company has a chance. We have ALL been there. Some of just keep coming back for more. I can't argue with him about the fact that we all would have been better off if we had followed his advice. I just wish there had been more facts to back it up. It would have been more believable. >> Yes for the most intelligent like ed, all it took was trowing a dart at the large Caps...

To: Craig Stevenson who wrote (17094)	7/9/1998 9:58:00 AM
From: Ed Schultz	Read Replies (2) \| Respond to of 29386

Craig, You are an amazing person! Many thanks for being so civil towards me. Despite what anyone says, Ancor has one and only one thing going for it, and that is hope. They are in an exciting industry with a very exciting product. Also, as everyone knows, the potential is huge should they hit it big. However, for me, hope was just not enough any more. When I was investing on fundamentals I grew my nest egg from $40K to $190K in about 4 years. When I was investing on hope, and almost all of that was in Ancor, I drove that back down to $30K in 2 years. And I managed to do all of this in one of the greatest bull markets we've ever had! My main problem was that I listened too much to Craig, Kerry, Roger, Tom, and others instead basing my decision on fundamentals. I was warned many times by Craig that this was a highly speculative stock, but was caught up too much in the hype. The main reasons for my past fews posts is bitterness (very petty) and to warn any lurkers to not fall into the same trap as I did and stay away from this loser. I sold my entire position in Ancor back in January and have been trading on fundamentals only. I have owned Lucent and Microsoft and have enjoyed a nice safe ride up. I may not get to where everyone on this board wants to be as fast as they want to be, but I will get there (safely). Ed