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


To: iceburg who wrote (14488)2/19/1998 10:27:00 AM
From: Lhn5  Read Replies (1) | Respond to of 29386
 
My take is that if invest 10 million $ and they convert when ANCR is at 8, they get 1.25 million shares. If they ocnvert when ANCR is at 10 they get 1 million shares. If they convert when ANCR is at $20 per share, they still get $10 mil/ $13 per share = 790,000 or so shares. Just my take.