Technology Stocks : The New QLogic (ANCR)


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To: nic who wrote (14453)2/19/1998 8:20:00 AM
From: Nine_USARead Replies (2) of 29386
 
This time the financing (which closes today) comes with the stock
at 8. Last time it was below 5. While we don't have the financing details, it seems the conversion price should be in the 8 neighborhood.

So value was perceived by these investors at this level. And they have
a very good record when it comes to evaluating Ancor.
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