SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Douglas Nordgren who wrote (27220)6/3/2000 2:02:00 PM
From: Nine_USA  Read Replies (1) of 29386
 
<<On March 2, Mr. Desai telephoned Mr. Hendrickson and suggested that a
combination of Ancor and QLogic should be considered. On March 8, Ancor signed a
non-disclosure agreement prepared by QLogic dated March 6>>

On March 2 QLGC was 140 3/4. It was to touch 203 3 days later.
On March 2 ANCR was 54 3/4.
On March 2 the .5275 QLGC share per ANCR share was worth 74 1/4.

This was at the peak of the NASDAQ bull market.
The merger must have looked like it had nowhere to go but UP.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News