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

To: Kelly Igou who wrote (17605)	8/7/1998 12:58:00 PM
From: Alan Bershtein	Read Replies (1) \| 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. If champagne is indeed flowing for a good reason, I would think since the reason has yet to be made public that it would preclude insider buying. I am not getting too excited, for there is not much substance there. Nevertheless today's action is encouraging.

To: Kelly Igou who wrote (17605)	8/7/1998 1:04:00 PM
From: Greg Hull	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. Maybe somebody got engaged? Maybe a new ASIC was tested and performed well? Sure would be nice if this was contract related, but there are quite a few reasons for a party that would not result in an immediate benefit to shareholders. There aren't many times that one can be happy that the price is shooting past 1 3/4. Let's hope that this is the last time we are happy for this reason. Greg