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: Nancy McKinney who wrote (22800)	6/17/1999 11:54:00 AM
From: jim g.	Read Replies (1) of 29386

In feb. of 98 the company raised 11 million dollars which resulted in approximately an additional 11 to 12 million shares. If they did a secondary at $18 lets say, they could raise 36 million and add only 2 million shares. In addition, they could now be represented by some name investment bankers who would do their dog and pony shows all over the country which would attract institutional interest and possibly really put ANCR on the map. Wishful thinking, maybe, but the stock is building a nice base here which is healthy and if more good news is forthcoming I think that it is possible.

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