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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: KJ. Moy who wrote (19391)	11/15/1998 12:45:00 AM
From: Heddon	Read Replies (3) of 29386

If Roy Sardina thinks that the opportunity cost of developing an fc switch is $35 million plus or minus what makes any of us think that this company can achieve a share price of $5 or a market cap of $125 million. Maybe on hype but that's about it. Would this new options repricing have something to do with trying to keep the "brainpower" on board if the company is sold? The company isn't worth a plugged nickel if the engineers jump ship. Everything I've seen in the past 30 days points to this company being sold on Ken H.'s terms.

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