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

To: Greg Hull who wrote (17975)	9/8/1998 10:40:00 PM
From: Greg Hull	Read Replies (3) \| Respond to of 29386

Oops, I meant to include this as well. From the bottom of page 15: (3) Beneficial ownership is determined in accordance with the rules of the Securities and Exchange Commission and generally includes voting or investment power with respect to securities and includes any securities which the person has the right to acquire within 60 days of August 26, 1998 through the conversion or exercise of any security or other right. Also, for the record, the conversion prices on August 26, 1998: Series B $1.0996875 Series C $1.229166 Formula for conversion price: Series B: average closing bid prices for the five preceding trading days multiplied by .85 Series C: average of the three lowest closing bid prices for seventeen preceding trading days Accretion rate: Series B 5% Series C 8% Now let's bring on those OEM contract announcements for the Mk.II. Greg