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


To: Patrick Sharkey who wrote (18061)9/16/1998 12:40:00 PM
From: Kelly Igou  Read Replies (2) | Respond to of 29386
 
Somebody's got to know something...Too much volume

I think it started moving because somebody knows something, and the upward movement is being sustained by short covering - that's my guess



To: Patrick Sharkey who wrote (18061)9/16/1998 12:45:00 PM
From: Eleder2020  Respond to of 29386
 
Is the stock price really moving upward, sharply, without the Bollinger Bands having tightened earlier, signalling a sharp move?

Patrick-I'm not sure you could fit a sheet of paper through the BB's at this point but at these levels and with the converters out there I'm not sure the BB's are a factor here. Maybe this is more of a fundamental move. Let's hope so or at least short covering in advance of news.

I beleive that Honda was always the rumored Hucom customer.

Ed