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

To: Patrick Sharkey who wrote (21921)	5/20/1999 7:43:00 PM
From: Kerry Lee	Read Replies (2) \| Respond to of 29386

I am not a TA expert. I do know that a Technical Analyst who works for a well-respected brokerage in the Midwest has recently forecasted a run to 12. That info is 2 weeks old and I do not know what this person's up to-date predictions are. Another T. Analyst for another brokerage yesterday afternoon predicted that we would see a pullback to 8 3/8 today and that person made a bad call based on today's trading. However, the same person also stated that technically , a temporary dip would be healthy for the stock, clear out the weak hands and allow the stock to continue its upward trend. All I know is that today we finally blew thru the previous technical resistance which was the 52 week high of 9 1/8. Can you believe the HUGE volume of over 3 million shares, which is 10 times the normal daily volume.