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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: Lhn5 who wrote (19488)11/20/1998 7:52:00 AM
From: Patrick Sharkey  Read Replies (3) of 29386
 
Larry, I think that the rumored buyout price was a bit higher, in the 6-8 range; a double would then be 12-14. Such a double would place Ancor's sale price in the $250 million range, a price which is in line with many Cisco acquisitions.

Pat
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