The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

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Aug 24 5:00 PM EST

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To: Roger Arquilla who wrote (21373)	4/14/1999 7:18:00 PM
From: Ken Richard	Read Replies (1) of 29386

There are simply required to disclose this lawsuit which clearly states that NO DISCOVERY HAS BEEN COMPLETED as of the printing. Simple contract law mandates that a party to a contract is NOT required to perform unless material conditions of the contract are satisfied. It is clear from the context of the disclosure that ANCR contends that those conditions HAVE NOT been satisfied. Leave it alone. OBVIOUSLY, if ANCR has not reserved for it that are not concerned about it. It ANCR believes it is a non-issue for balance sheet purposes why do you want to create something more about it than there is ?? Some things never change.

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