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

To: JB who wrote (12537)	11/17/1997 3:55:00 PM
From: mike fredricks	Read Replies (1) \| Respond to of 29386

A buyout may not be such a bad thing. It depends on who buys them and at what price. they would most likely pay a premium, and would have to consider the high for the stock. If Cisco offered 30-40 per share, i would gladly tender my shares. the bad thing about a takeover would be if it is done in stock rather than cash. Even a large stake purchse of stock by a major company would be great. If Compaq decided to say buy 10-15 % that coulddo two things: Boost the stock price and give them a strong source of working capital. but this is only speculation tied to yor thoughts.

To: JB who wrote (12537)	11/17/1997 5:45:00 PM
From: Roger Arquilla	Read Replies (1) \| Respond to of 29386

JB, Nice to see familiar names back on the thread, and especially buying back shares. Speaking of a buy out, I asked this question many months ago without a response. Perhaps you or someone else could answer it. What are the mechanics of a buy out? In other words, how is it approved or disapproved? In the case of a hostile bid, how is it prevented? If the board or shareholders don't want to sell, is that enough to prevent a sale? Thanking whomever in advance. Roger