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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: Randall E. Gann who started this subject	3/11/2003 11:53:43 AM
From: Neil S	Read Replies (1) of 29386

<<XIOtech Corporation Announces Chairman and Acting CEO Ken Hendrickson Tuesday March 11, 10:58 am ET CFO Steve Snyder Also Joins XIOtech Management Team For Growth and Market Leadership>> biz.yahoo.com Seagate effectively spun off XIO to Oak Investment Partners prior to the recent Seagate IPO, retaining an approximate 20% stake. The implied valuation for XIO was about $32M. Seagate acquired XIOTech in January 2000 for ~$359 million in stock. Sorry for the off-topic post , but thought it might be interesting to some of the old ANCR investors. Neil

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