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$16.21 0.05 (0.31%)
5/16/2008 4:00 PM

QLogic Corp (QLGC)

CAPS Rating:
***

The Company is a supplier of storage networking solutions and network infrastructure solutions, which are sold primarily to original equipment manufacturers and distributors.

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Avatar JPC2020 (73.59) Submitted: 4/04/08 10:47 AM : Outperform Start Price: $15.50 QLGC Score: 0.13

I liked this stock at 19, so needless to say, I'm a big fan at ~$16/share. The picture has not changed for QLogic and all of the worry over tech stocks created by US recession fears has turned this stock into a no-brainer. The recent downgrade by JPMorgan makes it a great time to pick up QLGC for a nice 12 month play.

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