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

To: iceburg who wrote (12240)	11/5/1997 2:21:00 AM
From: Kerry Lee	Read Replies (1) \| Respond to of 29386

iceberg you wrote: <<I think you are missing the point of the insider buying. If there is significant insider buying it would be to send a message to the investment community. Furthermore, a lot of their options are excerciseable in the $13 range. Not much good with current share price. >> I could be wrong, but I believe that KH was granted options ( subject to time-related vesting periods ) to purchase over a period of time approx 200,000 shares at an excerise price of $9-10. It gives a small measure of solace that his options are currently underwater <g>.