The New QLogic (ANCR) Message Board

STOCKTALK

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 16.07

0.0%

Aug 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: A. Henry Marzullo who wrote (12125)	10/31/1997 11:43:00 PM
From: Greg Hull	Read Replies (1) of 29386

<<As for myself I will be watching closely to see if the new management will be doing some insider buying in the upcoming weeks.If there is no or little insider buying at these prices I will be very concerned. >> Ken H. certainly was evasive when responding to the question of whether he and other senior management will make stock purchases. I believe he said that his attorney would consider that a forward-looking statement -- as if such a statement would be inappropriate. I'm no attorney (Patrick-any comment?) but why couldn't he announce plans to purchase XXX amount in the next quarter? If I were a CFO looking at financing options that might dilute the value of common stock, I might wait to purchase until after the dilution. Is it coincidental that the need for more cash happens when the stock price is in the tank? I think I am becoming more cynical/paranoid. Greg

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next