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QLogic Corp. Message Board

  • fs9008 fs9008 Dec 8, 2012 12:38 AM Flag

    Huge volume today, same thing with ELX, interesting...


    Was today considered a successful test of the bottom (year low 8.63 a few days ago, touched 8.65 today)? Hopefully it was and the recovery can start.

    On another note, I don't know much about the company ELX just bought. That acquisition used up a big chunk of their cash. Will it pay off? Is it a desperate move? I was thinking of getting in at 6.10s today but didn't. It had a bigger bounce.

    I like QLGC's prospect better though. I just feel they have a larger margin for error and I like its chart better than ELX's.

    This topic is deleted.
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