Ed,
<< It is my belief that Reg D conversions should be looked at more carefully by the SEC as they pit the interests of Reg D holders opposite of long term shareholders. >>
Yes, it has been and continues to be a learning experience from the convertible dudes, which i shall name the oxymoronic shareholders. Granted Ancor has not put up any news till recently, but now that they have started, it is definitely a little frustrating.
The Inrange deal definitely makes me so much more comfortable (ie. trying to win SAN business with a better balance sheet and confidence in the technology of the MKII), but I can't help but concentrate my left over energies nowadays (naps, TV news watching, Conan O Brien) purely on the hope and prayer that our nimble preferred holders are going to get a little less rich if Ancor pulls up more. One little bit less rich, and out pops another dimple on my face. In fact, I have been so dosed in confusion from this recent conversion conversation melee that I think now I'd rather have these preferred guys be less rich than me rich. I pray for it now like a giant ninny every morning when I log on. But, alas, I can have it both ways. ;-)
Just as Long as Ancor continues to make progress. If some of them ever read these boards, good job recently!
all imho,
bruised pigboy is slowly healing |
