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


To: Eleder2020 who wrote (18852)10/27/1998 11:49:00 PM
From: Greg Hull  Read Replies (2) | Respond to of 29386
 
Ed,

<<Now it is possible that these guys are completely boxed and have us fooled. Maybe Tailwind has 2.2 million shares that they converted just sitting in a safe deposit box and just never bothered to send the certificates to the institution that they borrowed from. It would still appear as 2.2 million shares in public forums but in reality it would be covered.In this case they would still have 7 million to convert. This is very unlikely though, but it is in the realm of the possible.>>

I'm not sure if you meant this literally, but I think 2.2 million shares would exceed their 5% of shares outstanding restriction (unless the dilution is much greater than I realize).

Greg