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: Craig Stevenson who wrote (19503)	11/20/1998 12:52:00 PM
From: Douglas Nordgren	Read Replies (2) of 29386

Hi Craig, According to my (sometimes faulty) recollection, the Adaptec takeout was somewhere in the neighborhood of $6.00 if we can believe BS. If we can believe AR, we're looking at a $12.00 price. Qlogic was very disappointed when their Symbios deal was nixed by the DoJ and they were snatched by LSI instead. QLGC has been up around $120.00 so would fit into AR's scenario. Not sure how to factor in their recent 2-1 split announcement though. But ANCR and QLGC seem to make a nice fit. They've dropped $5.00 today so far, which may presage some acquisition announcement forthcoming. Somebody knows something. In any case, I imagine any offer from anybody would NOT be hostile and would be going through the board this time. My .02, Douglas

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