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

To: Fang Li who wrote (17808)	8/26/1998 11:06:00 AM
From: Craig Stevenson	Read Replies (1) \| Respond to of 29386

Fang Li, I don't have an explanation for the low volume today. I'm still tempted to believe that the selling pressure over the last few weeks has something to do with the Reg D guys forcing the price down to lower their conversion price, but I have no evidence of that. (Ancor's last quarter certainly didn't help, either.) Interestingly, the 20 Day Moving Average now sits at $1 3/8. It isn't going to get much lower than that, unless the stock price goes down further from here. Craig