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


To: J Fieb who wrote (21925)5/20/1999 8:35:00 PM
From: Patrick A. Kelly  Read Replies (3) | Respond to of 29386
 
"Yes, we should all congratulate ourselves for keeping these ANCR FC seats. Wasn't easy to keep them and not everyone made it."

To talk about it not being easy: Corinne and I were down in Gulf Shores Al. during the end of Feb,/beginning of March "melt down" and I was throwing up on the golf course. In disregard of our SI friends we were very long on ANCR -on margin-!!! We were without internet and were blind as to why we were getting so many margin calls to sell or die! The long and "never short" of it was that we had to give up more than half of our position and had no idea of what was going on in ANCR land. We still have really enjoyed these last couple of days and want to thank all of you for helping us keep the faith! We will stay aboard!!!



To: J Fieb who wrote (21925)5/20/1999 9:31:00 PM
From: Joe Wagner  Read Replies (1) | Respond to of 29386
 
Hello J.Fieb, SI helped me keep the faith in ANCR and buy more when it was at 1.375 and then 4+, rather than ejecting while in the nose dive to 1. Thanks again to everyone who has posted here in the last couple years.

These ANCR seats could give us a good view of some eye-popping revenue growth in the future, if things keep lining up like we hope. I still think the ultimate network structure, for a global service provider (like Global Crossing-GBLX is becoming), will eventually mix FC in with IP, WDM, DWDM, to create low cost mass storage farms that can be quickly accessed from anywhere in the world.

Joe W.