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

To: iceburg who wrote (17600)	8/7/1998 11:58:00 AM
From: Patrick Sharkey	Read Replies (1) \| Respond to of 29386

Is it an investment pulse, or something else. Shorts have to cover some time, and within a time frame that makes sense for their strategy. The shakeout this week showed little downward movement in the stock price, perhaps this is discouraging to the shorts, who now must wait until the Company devours the $5 plus million in cash that it still has, while also waiting on pins and needles regarding whether or not any favorable (to the company) announcements will be made.