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


To: Douglas Nordgren who wrote (26972)5/16/2000 12:31:00 AM
From: Eleder2020  Read Replies (3) | Respond to of 29386
 
Listened to SUN CC today and they commented that the invitations were prepared for a storage announcement on June 14. No other comment made by SUN on the CC about the announcement.



To: Douglas Nordgren who wrote (26972)5/16/2000 12:37:00 AM
From: Douglas Nordgren  Respond to of 29386
 
Mission accomplished, request sent. Thanks to all the members for making the transformation relatively painless.

The arb on the deal closed up today, ANCR is now priced at .5275 of QLGC. I think the Street likes the deal better, at least for now.

BRCD's earning's report is a harbinger of things to come for FC SANs, and QLGC stands to gain a lion's share now, thanks to the ANCR acquisition. But we already knew that.

Douglas