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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: Douglas Nordgren who wrote (19508)11/20/1998 2:00:00 PM
From: Craig Stevenson  Read Replies (1) of 29386
 
Douglas,

<<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.>>

I hadn't thought of QLogic when I made my original posts. They would fit the price parameters, or at least they would have until today. <g> It is also interesting that they are down so much today. I wouldn't imagine that an ANCR acquisition by anybody would be accretive in the short term.

With all the poison pill measures that Ancor has taken recently, I think it is fairly certain that a takeover would NOT be hostile.

Craig
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