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

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From: George Dawson8/30/2005 7:19:12 AM
   of 29386
 
Bold Move by QLogic:

"QLogic Announces Definitive Agreement to Sell Hard Disk Drive Controller and Tape Drive Controller Business for $225 Million: New Stock Repurchase Program for $350 Million Approved": tinyurl.com

CEO gives rationale as focus on higher growth business.

George D.
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