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


To: Alan Bershtein who wrote (22218)6/2/1999 12:39:00 PM
From: R Verchota  Read Replies (1) | Respond to of 29386
 
Another nice block- 21,400 at 10 1/8. Always glad to see the accumulation, especially on a day like this.



To: Alan Bershtein who wrote (22218)6/2/1999 1:29:00 PM
From: donald sew  Respond to of 29386
 
The INTERNETS are getting hit hard and it appears that they will further deteriorate with INTERNET BELLWEATHERS like AMZN and CMGI setting LOWER LOWs today, and AOL now at important support. At the same time the INTERNETS are hurting ANCR is holding up, still near the 10 range, which is a good sign.

This correction, I believe is far from over and right now only about half done, so I do expect ANCR to retest 8 again, but expect it to hold above 7.25. If that is correct, then ANCR will be a very good buying opportunity in the 8 range.

seeya