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

To: Eleder2020 who wrote (18406)	10/7/1998 12:41:00 AM
From: Ken Richard	Respond to of 29386

The reason I stated my opinion was that someone earlier in the day suggested that the Netmark announcement was thought to eliminate chances to be paid. From a logical point of view, it made no sense, since NM was taking over the inventory while doing a deal with ANCR. From I legal point of view, in this country, the bankruptcy estate would attempt to liquidate the inventory for the benefit of the creditors (preferred, secured, general ...). Here, NM could have purchased inventory for pennies, with no obligation to ANCR (unless there was a security interest associated with the sale). I have no idea how that works in Japan. As Kerry points out (and I'm glad he verified) the only thing that matters is that ANCR will recapture that revenue. New issue: The spike in volume/price would have been missed if you were watching an blinked.. Reg D's selling into it ? If so, how much, and did it accomplish clearing out some of the impending conversion ? Any one with any thoughts ?