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

To: Mr. Twister who wrote (20746)	2/11/1999 4:51:00 PM
From: Neil S	Respond to of 29386

Lee Lewis fans can now direct their hostility at ONDI: ONTRACK Appoints Lee Lewis President and COO MINNEAPOLIS, Feb. 11 /PRNewswire/ -- ONTRACK Data International, Inc. (Nasdaq: ONDI), the world leader in data recovery services, today announced the appointment of Lee B. Lewis as president and chief operating officer. Lewis joins Ontrack from Ancor Communications, Inc., a primary developer and manufacturer of gigabit/sec Fibre Channel switches and adapters where he served most recently as vice president of administration. Prior to joining Ancor Communications, Lewis founded Magnetic Data Inc., the largest worldwide contract manufacturer in the data storage aftermarket, where he served most recently as division general manager. "Lee brings significant business management and data storage experience to Ontrack which will allow him to quickly take full responsibility of our day-to-day operations," said Mike Rogers, CEO of Ontrack. "This will allow me to focus entirely on examining expansion opportunities to grow our business. As we've said in the past, product diversification will be one of the ways we will reach our goal of supplying Ontrack solutions to the widest possible range of customers, and I am enthusiastic about fully focusing my energies in this area." Ontrack, the world leader in data recovery, specializes in services and software that help computer users access and recover their valuable data. Using hundreds of proprietary tools and techniques, Ontrack is able to recover lost or corrupted data from all operating systems and types of storage devices. Ontrack can be reached through its World Wide Web site at ontrack.com or by calling 800-872-2599 (612-937-5161). In addition to its Minneapolis headquarters, ONTRACK operates data recovery centers in Los Angeles, San Jose, Washington, D.C., New York, Tokyo, London, Paris and Stuttgart. SOURCE ONTRACK Data International, Inc. CO: ONTRACK Data International, Inc. ST: Minnesota IN: CPR SU: PER 02/11/99 16:40 EST prnewswire.com

To: Mr. Twister who wrote (20746)	2/11/1999 11:04:00 PM
From: Eleder2020	Respond to of 29386

Andy and Craig S.(2), Not a day trader as I use TA to find a spot to add to my ANCR position.The gap made me nervous yesterday and had overlooked it in the recent past and was looking at the charts to retest 9 1/8. When the charts broke down yesterday crossing my fingers it didn't get too ugly as I did make a buy at 7 13/16 the other day just a tick above what I saw as support at 7 3/4. Anyway it did get ugly and I timed it poorly this time. On the other hand I can honestly say I have yet to sell a single share of ANCR. If it had hit gone up quickly today , I probably would have sold the shares I bought this week but now I've made the decision to hold these long (averaging up) as I just think the CC was very good and that Ancor this quarter has taken a HUGE STEP FORWARD and yes Craig S.(2) I agree with you on tne MM's. So let's think now....hmmm.. 30% of a 1.6 billion industry with a PSR of 10. I think I can live with a buy at 7 3/4. Twister-Enjoy hearing your TA. Keep it coming. Qlogic getting hammered all last week got me a little jittery too. It rebounded nicely today. Ed