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

To: w2j2 who wrote (17414)	7/25/1998 11:44:00 PM
From: THOMAS GOODRICH	Read Replies (1) \| Respond to of 29386

WJ, Unfortunately, it's possible there is some credence to Janski's summary. The part about retreating to the penney stock level is conceivable in the event no announcements were to occur within the next few months and if the insiders were not actively buying the stock at this depressed level. I presume smarter money will just wait this one out in the interim to see which direction the company goes. The present scenario with Ancor is very troubling, however, I've seen other companies in similar predicaments turn around. Tom