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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: Lhn5 who wrote (15809)4/20/1998 12:51:00 AM
From: Alan Aronoff  Read Replies (2) of 29386
 
Larry,

According to Insidertrader, CEO (Hendrickson) purshased 2,000 shares on February 24 at an average cost per share of $7.88. He filed the Form 4 this past week.

I gather it was a token gesture by Ken as a way to relay some positive vibes to Ancor shareholders. For the record Ken also purshased 20,000 shares last November between $5 and $6. Both purchases were made shortly after ANCR reported quarterly earnings.

Thank you Ken for showing your continued commitment to being the CEO of Ancor. I'll go pour a glass of Pinot Grigio now and make a toast to all Ancorites everywhere.
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