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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: Steve Scribe who wrote (22868)	6/21/1999 5:34:00 AM
From: J.S.	Read Replies (1) of 29386

Steve, Good points. This is basically why (even if the price is a little less than market) that a secondary will not be regarded as dilutive. It will be immediately accretive to "cash per share" and bode positively for "revenue per share" and ultimately p/e. If big board NASDAQ listing is in the works (along with options trading again) will provide a nice timing opportunity. As for options, given the current daily volume, I would expect the options exchanges to soon follow the big board listing. Options will take much of the speculation from the daily price action and provide a steadier ride up. Good Luck, Joe

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