The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: nic who wrote (14453)	2/19/1998 8:20:00 AM
From: Nine_USA	Read Replies (2) of 29386

This time the financing (which closes today) comes with the stock at 8. Last time it was below 5. While we don't have the financing details, it seems the conversion price should be in the 8 neighborhood. So value was perceived by these investors at this level. And they have a very good record when it comes to evaluating Ancor.

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