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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 (26769)5/8/2000 11:54:00 PM
From: srvhap  Read Replies (2) of 29386
 
With no collar on the price, this deal resembles
the floorless convertible: QLGC has incentive for its
stock to decline as much as possible until the
deal is done.

Now, what sence does that make. In the end ANCR share holders get .52 shares of QLGC. So tell me, where is the motivational factor?
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