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: Tom Duxbury who wrote (18785)	10/24/1998 7:41:00 PM
From: George Dawson	Read Replies (1) of 29386

"Remember also that Cal is not counting the short position in the 7 million dollars. The short position could account for as much as 4 million dollars worth (that means about 3 million left). A case could also be made for some of the preferred holders staying long at this point. What they have left is pure profits and they may want to let it run." Tom, I don't know how this would work. Can you elaborate? I thought the preferred shares would have to be converted before they could be shorted and therefore would be subtracted from the total. George D.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next