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

To: Carolyn who wrote (25028)	12/5/1999 8:34:00 PM
From: Greg Hull	Respond to of 29386

Carolyn, <<Has anyone called the company to ask about this? Would they be required to say if this is true?>> The company has addressed this issue in SEC documents that have been posted here on this thread. If you have not read them I can find them for you. There is absolutely no cash charges associated with the vesting or exercising of the warrants (other than SUN gives Ancor money when they exercise the warrants). There is a quarterly non-cash charge against gross profits as determined by the Black-Scholes valuation method of the warrants. Greg