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

To: Craig Stevenson who wrote (17983)	9/10/1998 10:57:00 AM
From: Patrick Sharkey	Read Replies (2) \| Respond to of 29386

Craig: My thoughts on an equity investor. An equity investment would not be completed through the purchase of stock on the open market since that simply moves the pieces around without any new infusion. Some form of preferred convertible, warrants, etc. would be the vehicle, and it would reflect new money coming into the company. The terms may or may not be more favorable than the C and D investors received, but probably more favorable if synergy and value-adding to the equity investor was part of the goal. Pat