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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: Kerry Lee who wrote (18242)9/27/1998 3:45:00 AM
From: Fang Li  Read Replies (4) of 29386
 
Kerry, Would the stock be priced at $10 instead of $2, if this news come 3 months earlier? Now the Street and investors have lost interest, very small group of people like us long losers are still hanging around, the company has to reestablish the credibility with the Wall Street and investors. With a large number of converted shares into floating, the price will move a lot slower. Maybe only a longer term deal can help. It is still bothering me that the $11 million Ancor got recently were not from MK II, why did Ancor decide to quit Lan and put their eggs in one basket?
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