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

To: Arthur who wrote (20557)	2/3/1999 12:07:00 PM
From: Patrick A. Kelly	Read Replies (1) \| Respond to of 29386

Thanks to all who have contributed to our education about ANCR and the market in general. We do have another question: What are some possible explanations for the low and slow volume on a day like today, with the price hovering around 8 and a tight spread? It would appear that anyone who wants to own ANCR at these prices has already established their position for now. Also, there aren't a lot of people who own ANCR who are willing to sell at these prices. Is the difference between today and the recent trading pattern a lack of day traders or are we seeing a lack of interest? Or, is this market maker activity? We did heed the advice from several of you and have decided not to toy with day trading. Perhaps others also took the message to heart! P.S. An "add on" question: Why haven't there been more inside buys since those last posted on Yahoo? Could it be as simple as they are meeting their investment needs through their options and options repricing?