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: Lhn5 who wrote (17603)	8/7/1998 12:41:00 PM
From: ilan saadia	Respond to of 29386

Volume 435,000 shares? Pretty impressive!

To: Lhn5 who wrote (17603)	8/7/1998 12:49:00 PM
From: Kelly Igou	Read Replies (2) \| Respond to of 29386

<<champagne party at ANCR headquarters >> If this is verified, I believe we may be looking at short covering as well as buying by ANCR insiders and employees.

To: Lhn5 who wrote (17603)	8/7/1998 1:32:00 PM
From: Mike Fredericks	Read Replies (1) \| Respond to of 29386

Anyway,on Yahoo there is a claim of a champagne party at ANCR headquarters yesterday. Let me tell you guys a little story. Last company I worked at, we were developing the wrong products at the wrong time. I was in QA, and I knew that our product stunk. Company morale was in the toilet. Anyway, one of our groups made its first deliverable to a customer. Not what it was supposed to deliver at that time, but at least "something" was done. Champagne was given to all the developers in the group (but not the QA folks, which did irk me). Anyway, the product was crap, it didn't do half of what it was supposed to do, and what it did do, it didn't do well. It was junk. But we were given champagne anyway. We all looked at each other and wondered why... the party actually hurt morale, in my opinion. Point being, champagne parties may be occurring for the wrong reasons... -Mike