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

To: Lhn5 who wrote (19132)	11/4/1998 12:59:00 AM
From: George Dawson	Read Replies (2) \| Respond to of 29386

Larry, That was my initial response - given that the technical expertise is the company and that any merger or acquisition activity would have to make sure these folks were happy and motivated and there is a pre-existing anti-takeover provision - why more now? I don't think it was done for the benefit of people posting on internet message boards. I don't know the specific time table of the SEC rules (13d, 14d?) regarding the 5% rule. My handy reference says it is also known as the WIlliams Act and it requires the bidder open a tender to file with the target company and the SEC. The release says this was not done in response to an offer. Anybody acquiring 5% or more of the stock needs to file 10 days in advance. If you search on the Williams Act you will get a mind-boggling array of hits - many of which are readable only by a securities lawyer. Here is a link with some clear-cut acquisition strategies: gsm.ucdavis.edu All I know is what read in my book. Anybody else know more about this activity? Pat? George D.