The New QLogic (ANCR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Patrick Sharkey who wrote (12304)	11/6/1997 11:43:00 AM
From: Ed Schultz	Read Replies (3) of 29386

Patrick, Thanks for the informative response. As you can tell I am not a lawyer and was unaware things were so complicated. Even if this never goes to trial, ANCR will still have spend some time and money getting it dismissed. However, I do think they have a case. In the beginning of the year management had a very bullish outlook and mentioned that this year was going to be a scorcher. I and others bought this stock on that statement alone. We figured they knew something we didn't. And this was all before the Sequent debacle. Smells really fishy to me. Regardless of the outcome of the suit we all lose. Investors get very little if anything of the distribution and it puts an unnecessary hardship on the company. Only the lawyers win. But hey, someone should pay! Ed

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next