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

To: George Dawson who wrote (18423)	10/8/1998 6:06:00 PM
From: Ken Richard	Read Replies (2) \| Respond to of 29386

Rather chilling scenario ... but again, there must be practicle and foreseeable limits to this... the 5% limit on ownership, etc.... Greg, what's your read on this in light of George's references? With regard to his theory: Whether the shorts are covered with the convertables or whether they are covered in the open market, they STILL have to be covered, don't they ... ? Also, I'm not sure how the stock depression would necessarily equate to impending b/k., as the subject company already received funds from the offering. Seems to me to b/k or not to b/k would be a function of cash flow primarily.