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

To: Bill who wrote (17409)	7/25/1998 4:24:00 PM
From: w2j2	Respond to of 29386

Bill, what is the fiduciary responsibility of the directors, when accepting a buyout would bring $6 or $8 per share, vs declining a buyout, reporting 3 month revenues of $170,000, and further diluting our shares with another refinancing? (means <$2 per share) The only way to justify this is if they are darn sure they will sell a lot of switches within the next 12 to 18 months. I'll say one thing, these guys have brass balls! And because I like that in management, and because I've lost it all already, I will stick with them. FWIW, I stuck with Mory at Ascend when he was pilloried for buying Cascade. Listen to Roy..PATIENCE.... wj