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

To: Greg Hull who wrote (18425)	10/8/1998 11:35:00 PM
From: iceburg	Read Replies (4) \| Respond to of 29386

Greg, Suppose for sake of argument that the Reg-D shareholders told ANCR that they would lay off the stock if ANCR aquiesced to some terms ANCR thought was unreasonable. I.E. suppose this group of boneheads wanted exclusive rights to future financing deals. ANCR thought things were going really well and they told these guys to go ahead and eat them... Egos flare! and ANCR stock drops!!!!!! Move the rest of your shares geniouses... Or use your brains and maximize your profits. Your call bungholes.... Steve Soppose what happens when the street realizes what is happening and gladly absorbs the shares. The little egos fold like a limp penis. C'mon boys -- Dump away. Pansies...

To: Greg Hull who wrote (18425)	10/8/1998 11:50:00 PM
From: Greg Hull	Read Replies (1) \| Respond to of 29386

What a mixed bag: 1. The quality of the Ancor technology seems to be confirmed by the INRANGE agreement 2. The SAN market is developing 3. There are hints that the new sales team has been successful 4. Financing seems to be in place for 1999 However, 1. The stock is within a few pennies of its all time low 2. Smart money is nowhere near this stock 3. Ancor is in the same position with its preferred shareholders as other companies that have been driven under by their preferreds. 4. We are on the verge of finally taking off, or falling into the permanent abyss. When will the albatross of the convertible offerings be off our necks? Question for anyone: Can Ancor use some of the INRANGE money to call in the remaining unconverted preferred shares? Greg