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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: w2j2 who wrote (29361)2/3/2006 2:51:29 PM
From: Greg Hull  Read Replies (1) of 29386
 
Hello Walter,

It's been 10 years this year for my ANCR/QLGC holdings, and interesting times. If I had a magic pot to turn back time, I could have done pretty well. Of course those private placement investors had the next best thing with stock warrants tied to the lowest price in the last 30 days, or whatever. Guaranteed money maker. Lots of missteps by me and Ancor - LAN rather than SAN, buying rather than selling, etc. BRCD made it more interesting. Remember the guy who came around as a "disinterested" consultant? Funny, he disappeared at the same time the lock-up expired on the BRCD insider shares. Never quite had the $100 party for ANCR, did we?

So anyone know the motivation behind the QLGC split yesterday? It's far from GOOG range. Why increase the share count?

Cheers to everyone,
Greg
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