The New QLogic (ANCR) Message Board

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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: Greg Hull who wrote (18987)	10/30/1998 12:49:00 PM
From: Craig Stevenson	Read Replies (1) of 29386

Greg, <<I'd also like to offer a topic that we can worry about for the next couple weeks, or until Ancor makes a new announcement. For the past few weeks, the Series C conversion price has been $1.16, and before that it was at $1.03 for a long time. As of 11/6/98 the price begins to ramp up until it hits $1.75 on 11/18/98. The only way for the conversion price to fall is for the stock price to fall. Does anyone have the motivation to work to depress the stock price?>> Are you just using a simple moving average to calculate their conversion price? How many days? I would say that if the stock trades normally, without the big overhead through those target dates, we should be in the clear. Craig

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