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

To: Alan Bershtein who wrote (15995)	4/29/1998 7:37:00 PM
From: richroni	Respond to of 29386

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. The authorization to increase the authorized # of shares doesn't have any per share effect unless they are in fact issued. The additional shares in their treasury could be sold, held or distributed to us stockholders as a split!:-) Wiat a minute...you were joshing

To: Alan Bershtein who wrote (15995)	4/29/1998 8:34:00 PM
From: Roger Arquilla	Read Replies (2) \| Respond to of 29386

Alan, Thanks for answering. That is an angle that I hadn't thought about. Additional shares would lower the loss per share. It sounds good, but isn't in fact an illusion with no real value? It was also further questioned as to whether those shares would be released or held in reserve. I'm still not sure if additional shares are good or bad. I may be further confused on what the difference is between doubling the number of shares and offering a stock split. Any other comments?