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


To: Tom Duxbury who wrote (23374)7/15/1999 8:41:00 PM
From: J Fieb  Respond to of 29386
 
Tom D., Thanks for your thoughts.

"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)."

Sure hope you are right. With all the cash registers of BRCD, Zoox, Vixel about to be full I am relieved that ANCR will be able to pursue opportunities that it sees, instead of letting some go by because of lack of funding that others have!

To all SI ANCR pillars: Where will ANCR be likely to use this money?
Thanks in advance for your thoughts.

Where were those banks last fall!! Funny world isn't it.