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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Nine_USA who wrote (26783)5/8/2000 3:30:00 PM
From: nic  Read Replies (1) of 29386
 
Am I again smoking something, or is the deal off if ANCR drops to 31 (or lower) ?

In the conference call it was specifically stated: "no price collars". Must be a flashback Herb. :-)

More interestingly, there was "no comment" on whether Ancor has to pass any milestones for the deal to go through, and ditto for what the backout penalty is.

- nic
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