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

To: Ken Richard who wrote (18614)	10/15/1998 12:18:00 AM
From: Kerry Lee	Respond to of 29386

<<1. Reg D stock (convert pfds) was issued in both class B & C shares. C shares are all converted, only B shares left. Two (2) of the three (3) HEDGE funds that purchased these issues when ANCR was looking to raise capital are gone and the third has a longer term interest, so the overhang of selling reg D stock into any rally we get, is nearly over (define nearly?)>> I think this "Mark" guy who posted Yahoo has the Series B and C mixed up. As of Sept 30, there was $700,000 of Series B left to convert and approx $7.0 million of Series C left to convert. Since Sept 30, obviously there have been several million shares traded, so I assume the Series B are are done selling. The only way that the Yahoo guy's info could be right is if the Series C shorted all their shares ahead of conversion, since the actual Series C conversion is limited to 15% per month.

To: Ken Richard who wrote (18614)	10/15/1998 8:48:00 AM
From: w2j2	Read Replies (1) \| Respond to of 29386

Ken, Mcdata is a subsidiary of EMC, not spun off from IBM. wj

To: Ken Richard who wrote (18614)	10/15/1998 9:16:00 AM
From: Neil S	Respond to of 29386

<<8. Japan is still soft but oportunities, including a possible NEC OEM deal are being worked on.>> If yahoo poster "Mark" is correct then apparently NEC doesn't believe in NDA's. Neil

To: Ken Richard who wrote (18614)	10/16/1998 12:22:00 AM
From: George Dawson	Respond to of 29386

"1. Reg D stock (convert pfds) was issued in both class B & C shares. C shares are all converted, only B shares left. Two (2) of the three (3) HEDGE funds that purchased these issues when ANCR was looking to raise capital are gone and the third has a longer term interest, so the overhang of selling reg D stock into any rally we get, is nearly over (define nearly?)" Has anyone been able to confirm this? In my opinion, this is a key piece of information to anyone who is contemplating buying at this time. George D.