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Politics : Ask Michael Burke
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To: GuinnessGuy who wrote (82134)7/4/2000 6:55:16 PM
From: Knighty Tin  Read Replies (2) of 132070
 
Craig, I only sold the last third that I bought last week, leaving me holding a 2/3 position. I also have Ancor all over my income accounts in slightly bullish, high income spreads.

The higher Ancor goes, the more likely that a white knight or a hostile bidder will jump in. That sounds stupid, as you should be more willing to buy at a lower price. But that is not the way the new economy hucksters play the game. So, I am hoping for a competing, serious bid.

The Itasca sounds great to me, but we never really know until the thing is at the customers. I am hoping for an end run and some of Brocade's multiple.
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