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


To: Roger Arquilla who wrote (19781)12/15/1998 11:43:00 AM
From: Patrick Sharkey  Read Replies (1) | Respond to of 29386
 
Roger, it may take a few hours for the news to circulate, perhaps even a few days. The absence of a number may be important. Is there any analyst coverage of Ancor at this time? What is that analyst saying? Will be get new anlayst coverage? Without some input from the professionals on the street, it is still only us talking about this deal, and I hope that we don't end up buying and selling from ourselves to push the price up, only to see it come crashing down. It would be very nice to see a firm base formed here, with a couple of points on the upside and steady progress from there. On the other hand, those that want to scalp a trade here and there are probably overmatched by others who have tortured this stock over the years. Be careful, even with the OEM announcements, and the competitive promise vis a vis Brocade that this deal may show. All IMHO.

Pat



To: Roger Arquilla who wrote (19781)12/15/1998 11:57:00 AM
From: Eleder2020  Read Replies (1) | Respond to of 29386
 
>>what is holding the price from really taking off<<<

We are up 200% in over 40 trading days. Am I missing something here?
Is it possible that SGI is somewhat factored into the price now.

Ed



To: Roger Arquilla who wrote (19781)12/15/1998 11:59:00 AM
From: jim g.  Read Replies (1) | Respond to of 29386
 
Roger, one has to remember that the number of shares has just about doubled or will shortly; the market capitalization right now is close to 80 million dollars which last spring would have translated to about $6 1/2sh. It is almost like having a two for reverse split. But, I strongly believe there is more good news coming.