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

To: Roger Arquilla who wrote (17213)	7/15/1998 2:09:00 PM
From: Neil S	Read Replies (1) \| Respond to of 29386

Emulex gets the IBM HBA Biz: biz.yahoo.com

To: Roger Arquilla who wrote (17213)	7/15/1998 2:26:00 PM
From: Eleder2020	Read Replies (1) \| Respond to of 29386

>>>Elder...any brief interpretation of how the TA looks after this relatively long run of sitting in the 3's? <<< I think we will be here for a little while longer. I follow the Bollinger Bands and as usual they are beginning to tighten considerably as of yesterday and ANCR has demonstrated large momentum when the BB's look like this. I don't expect anything different this time.Recent history has shown that not much good has happened when ANCR breaches the lower band.Sitting right on it today.2 or 5. Still tough to say. I personally bought late last week at 3 3/16- (to trade) liking the way the charts are shaping up.Stochastics look favorable but again not a screaming buy and other indicators look mixed to tell you the truth. AA-Did you say bye bye to Ancor for good? It has been an ugly ride thus far. Best- Ed