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 (3935)	3/14/1997 6:38:00 PM
From: Madharry	of 29386

I really continues to amaze me how management has screwed us shareholders, and yet I am the only one calling for their immediate replacement. Doesn't anyone else appreciate this coincidence: When the poor earnings are announced as well as the Sequent returns there is no mention of the financing being in the works. The same day they announce the financing as being in the works management also announces the going concern opinion as well as a further restatement of revenues. At the end of the day the stock ceases to be marginable, which means that next week we the loyal shareholders get to see margin calls as well as subscribers to the preferred issue shorting shares and driving the price down. Those of you who are on margin, I hope you can meet those calls, because I would hate to see the MMs profit from your misfortune and management follies.

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