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


To: PAR who wrote (17579)8/4/1998 2:05:00 PM
From: George Dawson  Read Replies (1) | Respond to of 29386
 
PAR,

No offense taken. I think it is safe to say that a good entry point is sometime between now and zero. No offense intended - I just don't use emoticons.

George D.



To: PAR who wrote (17579)8/4/1998 4:18:00 PM
From: THOMAS GOODRICH  Respond to of 29386
 
PAR,

You've asked a question to which no one is going to have an answer. If you want to be speculative the present time is a good buying opportunity. Given the correctional phase the markets now appear to be going through, I'd wait to see if we hit a dollar on an intra-day low in the next week or two. Apparently there are significant buy stops at the $1 level and the market manipulators may just drop the price to fill orders. ANCR is a crap shoot at this juncture, but, I personally plan on buying more shares should we go to a dollar ask.

Tom