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


To: Craig Stevenson who wrote (14482)2/19/1998 10:16:00 AM
From: Lhn5  Read Replies (1) | Respond to of 29386
 
Craig--I think the 9-13 dollar range means that if ANCR goes above 13 in price the investors can still convert in that range--ie if the stock really really takes off, the invesotrs will be huge winners--then the convertibles will be more like stock options exercisable in that range. But, hey, they deserve a big potential for their investment, and if they win we win.



To: Craig Stevenson who wrote (14482)2/19/1998 10:18:00 AM
From: George Dawson  Read Replies (1) | Respond to of 29386
 
Craig,

What was the Sequent comment? They may be under an NDA related to the initial cancellation.