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

To: janski who wrote (13368)	12/31/1997 12:50:00 AM
From: Mike Fredericks	Read Replies (1) \| Respond to of 29386

Question for all: Why doesn't ANCR finance itself with Debt rather than Equity? I was always taught that it's cheaper to finance with debt rather than dilute yourself selling stock. ANCR probably can't sell bonds - they'd be viewed as junk bonds. But some bank somewhere should give them a line of credit, right? -Mike

To: janski who wrote (13368)	1/4/1998 2:41:00 PM
From: Lancelot de La Rochelle	Read Replies (2) \| Respond to of 29386

janski, I feel your pain, as I have plenty of my own, although substantially less in the last 5 days <g>. All I was saying was that there were options, and Reg D was under consideration. What some significant shareholders are trying to do is take that option off the table. It's not that easy, but people did not believe, back in February, that Steve O and Lee would fly. They did. By posting this here, I hoped to induce further direct shareholder involvment on this initiative. Didn't we do a tally in the spring that suggested SI folks who bothered to respond held 1+ million shares of ANCR? I could be mistaken or the numbers could have changed since, but most of us are still around, and the number of shares held could have even increased with this sale going on <g>. >>No real buying tells the real story though<< This particular story changed ever since you posted your message on Wednesday morning. Can you do that again on Monday morning? <g>. Regards, Lancelot