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

To: iceburg who wrote (19390)11/14/1998 11:40:00 PM
From: KJ. Moy  Read Replies (2) | Respond to of 29386
 
Steve,

<<If this stock didn't have a cult following they might have been able to push it to $0.50 and we would have 45M shares instead of $25M shares.>>>

You said it. I didn't<g>. How true that was and still is. We are not quite out of the woods yet. And here some of us are mad at a 1M shares dilution for the employees. I do believe however someone knows something and that's why the selling were met with buying and momentum has moved to mildly up.

KJ



To: iceburg who wrote (19390)11/15/1998 12:49:00 AM
From: George Dawson  Respond to of 29386
 
Steve,

"If this stock didn't have a cult following..."

I forgot - are we supposed to be wearing the Nikes or the Reeboks this year?

But seriously - is it possible Ancor management was as blindsided by the downside of floorless convertibles as the rest of us? If the Ancor cult has a mantra it should be:

"No floorless covertibles...no floorless convertibles..."

George


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