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

To: Nine_USA who wrote (18494)	10/11/1998 9:06:00 PM
From: Craig Stevenson	Respond to of 29386

Herb, <<What about the effect on employee loyalty, morale and incentives which had previously been based in good measure on options excercisable at 5 times current prices (or higher) and share purchases as well at far higher prices. This certainly seems like it would have a negative material impact on the firm's ability to perform well.>> You raise some good points, but these are all issues that can be addressed through good execution of a business plan. Granted, because of the dilution, the bar has been raised a little higher, but an OEM or two would do wonders. I also think Ancor knows that they are running a race against time. The encouraging thing to me is that with the INRANGE deal, Ancor finally got paid for selling something other than stock. Craig