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

To: Roger Arquilla who wrote (15935)	4/29/1998 7:04:00 PM
From: Alan Bershtein	Read Replies (3) \| Respond to of 29386

Can anyone with a clear understanding of the proposals, as listed on the proxy statement, give an opinion as to whether to vote for or against #2, #3, and #4. I am at a loss to understand the value of doubling the number of outstanding shares, creating a further dilution in price. Roger, I don't profess to have a clear understanding of the proposals, but as long as ANCR is showing losses, more shares outstanding will narrow the loss per share <g>. Ergo, I will vote yes and do my part to minimize ANCR's loss per share. Seriously, I will vote yes on the proxies because I want to give Ken & Company the tools they feel are needed. While increased outstanding shares are certainly dilutive, they could pave the way towards M&A activity and keep us afloat a bit longer. I admit the 'A' in M&A does seem far fetched but stranger things have happened (remember ANCR @ 41).