The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: Craig Stevenson who wrote (18938)	10/29/1998 1:41:00 PM
From: Greg Hull	Read Replies (2) of 29386

Craig, <<I'm tempted to believe the Tailwind guy. (Maybe it's my nature. <g>) If he is telling the truth, then the shorting is coming from elsewhere. The big question is WHERE? Maybe an even more important question is WHY? Frankly, I don't like it. I was pretty comfortable when we figured it was Tailwind. If it isn't them, it might be one of the other big holders.>> Tail Wind was only 23% of the Series C offering. The rest was from the Citadel Entities. In fact, one of the funds bought 41% of the offering. The Citadel Entities are obviously a much bigger player in this game. We need more data on the conversions to date for the Series C offering. Greg

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