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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: George Dawson who wrote (24025)	9/10/1999 9:56:00 AM
From: w2j2	Read Replies (2) of 29386

George, I think it was a legitimate article. Ancor gave Sun a great deal, and in return Ancor got a great deal, including a successful secondary. Remember, Ancor was hurting for a big oem. Now Ancor is a stable, growing, soon to be profitable leader in an exploding market. Shareholder dilution by Sun? We must not forget the floorless convertible deal. Now THAT was desperate dilution! The bad PR is the price we pay for the solid financial condition of the company. If Ancor stock takes a hit today, it is a classic buying opportunity. IMHO wj

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