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


To: iceburg who wrote (19919)12/27/1998 8:55:00 PM
From: Craig Stevenson  Respond to of 29386
 
Steve,

<<Secondly, I put a "c" on the Vikes laying 7 1/2 and the fact that I won almost makes me wish to consider my religeous beliefs <g>>>

That can be arranged... <g>

<<Ancor is worth significantly more than 100M. There are no margin scares yet (when I was on margin I used to sweat out every dip, now I laugh and buy more).>>

Arriving at a fair valuation for Ancor is the most difficult part. At this stage, a price to sales ratio makes the most sense, perhaps with price to earnings taking over in 2000. It seems as if some of the online brokers will allow you to margin below $5. (Mine won't)

Craig