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Technology Stocks : Qlogic ( QLGC ), Right time to BUY ? -- Ignore unavailable to you. Want to Upgrade?

To: Bob Frasca who wrote (304)	5/7/1999 11:07:00 AM
From: Toby Zidle	Read Replies (2) \| Respond to of 519

I did. Sold @ $92. I'm still bullish on QLGC, but you have to look at the volatility of the stock. As far as I'm concerned this could be a $200 stock by years end, but it will also be an $82 stock within a week. And what's wrong with $82? That's higher than yesterday's close. I'm not a 'trader' in any sense of the word. I bought QLGC in mid-January and stuck with it through all that period of heavy loss. But this play is so obvious. Use volatility for profit when it's written on the wall.