The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Douglas Nordgren who wrote (22677)	6/14/1999 2:12:00 AM
From: TheLineMan	Read Replies (1) of 29386

Well we are talking a $7.30 warrant for every $67 in revenue: With ANCR at $17 a share doesn't that mean that ANCR's revenues will be cut by 16% right off the bat, at $24 share each $67 of revenue is only worth $50 (a 25% discount). What are ANCR's revenues expected gross and net margins anyway. Seems like ANCR will be giving their product away for free. It doesn't look like the reasoning of a confident/strong management to me. Perhaps, a desperate attempt at sales. Will they pull all their customers the same way?

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