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

To: R Verchota who wrote (20478)	1/29/1999 3:18:00 PM
From: Eleder2020	Read Replies (1) \| Respond to of 29386

>>>SGI (Prisa OEM connection with ancr) is up on bullish rating by analyst.<<< It's always good to see am analyst upgrade after the stock is up 80%.<g> Me I'm a fan of ups on high volume days and downs on low volume days.The traders will be off this ANCR until the technicals consolidate over the next 5 days IMHO. BB's looking good and indicate that we are close to a bottom at $ 7.00-$-$7.25 if you like the fundamentals.Lower then that it gets dicey. Would Like to see the money flow erode a little more. It's amazing that the charts often start looking like this going into the conference call. By next Thursday it will be time to place your bets long or short.My guess is that we test the 52 week high in a few weeks. Good luck- Ed