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


To: George Dawson who wrote (19127)11/3/1998 10:34:00 PM
From: Lhn5  Read Replies (2) | Respond to of 29386
 
And that obvious conclusion is, George???



To: George Dawson who wrote (19127)11/3/1998 11:45:00 PM
From: George Dawson  Respond to of 29386
 
Ancor's new shareholder value plan has elements in common with Cisco's:

www4.edgar-online.com

The relevant excerpt:

"The rights are intended to enable Cisco shareholders to realize the
long-term value of their investment in Cisco. Similar actions have been taken
to protect shareholders rights by about 2,000 U.S. companies. This includes
more than 60 percent of Fortune 500 companies and more than two-thirds of
Fortune 200 companies, analysts estimate. The rights will not prevent a
takeover attempt, but should encourage anyone seeking to acquire Cisco to
negotiate with the Cisco board of directors prior to attempting a takeover."

You can also search "poison pill" on SI and you will find similar plans.

George D.