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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Eleder2020 who wrote (19050)10/31/1998 6:37:00 PM
From: Craig Stevenson  Read Replies (2) of 29386
 
Ed,

<<This quarter in what appears to be the end of the conversion we have minimum 3 million shares and maximum of 6 million to absorb.>>

If Ancor gives us an OEM deal, I think those shares can be absorbed without impacting the price too much. Have you or Greg thought about what effect a small move in the price has on the dilution? Let's say the conversion price moves up .25 or .50. What is the net effect? Is it significant?

Craig
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