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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Eleder2020 who wrote (18950)	10/30/1998 7:22:00 AM
From: Craig Stevenson	Read Replies (2) of 29386

Ed, <<Just because Tailwind hasn't sold their conversion or shorted Ancor is not all good news. It means that they now have a few million shares that at some point needs to be absorbed into the market whenever they decide to sell. Sooner rather then later? Who knows.>> This is something that concerns me too. If we assume that Tailwind and one of the other Reg D guys haven't sold, then those shares will eventually be sold into the market. Unfortunately, that will limit the upside potential somewhat. It all depends on how explosive this Fibre Channel market turns out to be. Craig

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