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


To: BuzzVA who wrote (17069)7/8/1998 1:44:00 AM
From: janski  Read Replies (1) | Respond to of 29386
 
There is one scenario I can envision. Price goes to 1$ or less. The'patient reg D holders' convert and get controlling stake in the company. They buy the rest of common shares at 1.50(that's a 50% premium - great deal). Nightmare is over.



To: BuzzVA who wrote (17069)7/8/1998 9:37:00 AM
From: trendmastr  Read Replies (2) | Respond to of 29386
 
Buzz:
<< I think it's simply a Sales issue at this point. We've been out-sold, plain and simple. These new hires are on board to change that. They have approximately 1 year to make their hiring look smart.>>

The problem is that this company is going to run out of money long before another year is up.

tm