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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Nancy McKinney who wrote (23373)	7/15/1999 6:56:00 PM
From: Tom Duxbury	Read Replies (1) \| Respond to of 29386

I couple of key points about secondary Underwriters in Order Montgomery Bear Sterns Morgan Keegan Kinnard 1. Very Impressive list. 2. Ancor will most like raise more than 100 million (price above 40). Brocade raised approx 50 mil (Do not remember how many of the shares were offered by company vs insiders). 3. These underwriters did some very impressive D.D. and if there were any problems at SUN (B.S. Rumor from Rapport) they would not be doing the deal. On the other hand I hear directly from the investment bankers questioned that Ancor was given HIGH HIGH marks from its customers. 4. This will bring Analyst coverage. 5. The float will go down due to institutions taking the shares away from the retail investors. 6. This will stop the stock slide and shut up many of the idiots over on Yahoo.