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

To: Nine_USA who wrote (17969)	9/8/1998 1:21:00 PM
From: Greg Hull	Read Replies (1) \| Respond to of 29386

Herb, <<<<My reading of the statements filed with the SEC is that the five big parties who own the Series B and Series C preferred stock cannot own more than 5% each of the outstanding common stock at any time>> Where is the language which makes you feel this is the case, particularly the 'at any time part'?>> On pages 14 and 15 of the recent S-3 the restrictions on common stock ownership are given. They were previously posted in message no. 17955 Message 5683954 I have the impression that the 5% limitation is described more fully in another document, including the circumstances where the limitation may be waived, and the consequences of doing so. I would welcome the thoughts of anyone else on this matter. Greg