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


To: Eleder2020 who wrote (18055)9/16/1998 11:44:00 AM
From: Greg Hull  Respond to of 29386
 
Ed,

<< Let's hope they didn't save some shares to short for a rainy day>>

They'll have plenty of shares available anytime they want to make a rainy day. There were over 10 million share equivalents in preferred stock left to be converted at the end of last month. They clearly haven't sold all 10M shares since then.

Does anyone know for sure whether they are able to short using their own shares or borrowing from one another?

Greg