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

To: iceburg who wrote (22174)5/28/1999 11:03:00 AM
From: jim g.  Read Replies (1) | Respond to of 29386
 
Right now brcd has only about 3.9 million shares trading, the amount of the IPO plus the overallotment. I dont think anyone would want to own this stock at these levels when the rest of the shares become eligible for sale. I think it is overvalued and I look for ancr to rise in price and for brcd to come down. In addition brcd will be in marginable in three weeks which means people will be able to short it.
Incidently, Pat S. just made an interesting post on yahoo and Rapport answered with a cryptic reply.



To: iceburg who wrote (22174)5/28/1999 8:33:00 PM
From: Douglas Nordgren  Read Replies (2) | Respond to of 29386
 
Well, iceburg, I think that if Ancor's float was only 4 million shares, we might be sitting at 60 and wondering how much higher there is left to go too. <g>

Douglas

PS - Vikes and Niners game this season. We might be able to afford a friendly bet this year?


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