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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: iceburg who wrote (22250)6/3/1999 11:02:00 AM
From: GuinnessGuy  Read Replies (2) of 29386
 
Steve,

That's not the way I see it, although I could be wrong. -g- Looks to me that in order for Sun to realize the full number of shares offered that they have to provide Ancor with this level of revenues, but they are(as far as I can tell) allowed incremental amounts as they spend $$$ on Ancor switches. Also, note that with the current shares outstanding(26 Million) this would give Sun just over 5% of the outstanding shares. What are the implications of 5%?

Craig
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