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

To: J Fieb who wrote (26794)5/8/2000 10:51:00 PM
From: Paul Moerman  Read Replies (1) | Respond to of 29386
 
here's one analyst's (Kelleher, VP research at Sun Trust) take on the ANCR/QLGC deal:

radiowallstreet.com



To: J Fieb who wrote (26794)5/9/2000 12:22:00 AM
From: Technocrat  Respond to of 29386
 
The QLogic move was shrewd. Ancor shareholders will benefit
mightily in the long run. I strongly suspect that there
are other very big players who "encouraged" the buyout. OEMs should like the arrangement for many reasons.

Two things are worth considering in regards to timing:

1) QLogic's earnings

2) The N+I exposition starting tomorrow

Since the timing was controlled, one can deduce that there
is a strategic purpose.


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