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


To: BuzzVA who wrote (21916)5/20/1999 5:23:00 PM
From: Fang Li  Read Replies (2) | Respond to of 29386
 
From CNBC Specials

Storage market-EMLX, QLGC, ANCR

From: Michael Carrozzo
Date: 20 May 1999
Time: 12:11:09
Remote Name: 209.224.198.11

Comments

Storage market very hot in the day.

EMLX 73 3/8 + 10 1/8 doing good, and offered $2.1 million in shares earlier, $61/share. This shows the public offering doing well,
and has headed the way for storage market.

QLGC 109 ¼ + 5 7/8 at an all-time high

ANCR 10 9/16 + 1 5/8 is also at a new high. At one point this year, it traded as low as $1.

Last changed: May 20, 1999

Trading range today;

ancr 9-11 close 10 3/16
cmnt 21 1/16 - 29 1/2 close 25 7/8
emlx 65 11/16 - 81 3/4 close 75 1/2
qlgc 104 - 118 15/16 close 116 7/8

Do they trade like internet stocks now?



To: BuzzVA who wrote (21916)5/20/1999 7:03:00 PM
From: Kerry Lee  Read Replies (1) | Respond to of 29386
 
Re-Post from Rev Shark's " Shark Attack Trading Forum "Trading Bar and Grill" board which is a popular thread on AOL:

Subject: Re: ancr
Date: 05/20/1999 7:20 AM Pacific Daylight Time
From: DSteckler
Message-id: <19990520102049.11352.00000794@ng-fv1.aol.com>

<< Looks more like a continuation of yesterday's C&H breakout.

---Dave Steckler

Dave, what about on the weekly chart. >>

Geez, throw my own lessons back in my face...the nerve of some people! <VBG>

Weekly chart is a textbook inverted H&S pattern. Height from head to shoulder is 8 points so the calculated target price is the breakout price (9) plus the height (8) for a target of 17.

Doesn't mean it will run there non-stop or for that matter, if it will reach it at all. MOO and who says I know how to read a chart? Consult with your financial advisor before buying or selling any stock.

---Dave Steckler




To: BuzzVA who wrote (21916)5/20/1999 7:54:00 PM
From: Joe Wagner  Read Replies (1) | Respond to of 29386
 
>>>"FC's day (years, more like it) has come. Congrats to all of us who stuck it out and never stopped believing." I second that!

It feels like we have finally moved onto the launch pad.

Joe W.



To: BuzzVA who wrote (21916)5/21/1999 1:15:00 AM
From: srvhap  Read Replies (2) | Respond to of 29386
 
Buzz your right "FC's day (years, more like it) has come. Congrats to all of us who stuck it out and never stopped believing."

Best of luck to us all!