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


To: Roger Arquilla who wrote (18353)10/2/1998 3:29:00 PM
From: Huei-Sheng Kao  Read Replies (1) | Respond to of 29386
 
again,does anyone has any insight about the last few trading days?



To: Roger Arquilla who wrote (18353)10/2/1998 6:13:00 PM
From: THOMAS GOODRICH  Read Replies (1) | Respond to of 29386
 
Roger,

I don't think Ancor is in a "death spiral". Actually, quite the contrary. The stock is probably falling in sympathy with everything else, even highly liquid small caps have been blowing up of late. I'm not at all surprised people sold into the rally. Nor would I be surprised to see a retest of the $1 1/32 level between now and the end of October. This has been a deplorable year for mostly everything, so if you're holding ANCR continue doing so.

Tom