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

To: George Dawson who wrote (27439)7/5/2000 6:37:53 PM
From: Greg Hull  Respond to of 29386
 
George,

Thank you for posting the short interest. I wonder if the premium for ANCR relative the 0.5275 ratio was an incentive for arbitrage. Short 2000 shares of ANCR, buy 1055 shares of QLGC, and pocket the 5% premium that existed a few weeks ago.

Anybody know if the ANCR shares borrowed for shorting ANCR automatically become borrowed QLGC shares, or are the borrowed shares called prior to the cessation of ANCR trading?

Greg



To: George Dawson who wrote (27439)7/6/2000 2:56:34 AM
From: Joe Wagner  Read Replies (2) | Respond to of 29386
 
Good luck with your campaign George! I think the slow market today may carry thru the week and maybe a rally will start next week. Leaving for New England on Friday, for a week. Hopefully when I come back Q-Logic will have announced good earnings.

Joe


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