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

To: Lhn5 who wrote (19488)11/20/1998 1:34:00 AM
From: Fang Li  Read Replies (1) | Respond to of 29386
 
When a company is pushing to settle a law suit. It puts a clear sign for sale. I am inclined to believe a take over rumor rather than to take Cal's explanation of clearing way for OEM contracts.



To: Lhn5 who wrote (19488)11/20/1998 5:12:00 AM
From: Pigboy  Read Replies (1) | Respond to of 29386
 
I am very interested in hearing any reports back from Comdex. Anyone go here?

thanks,
pigboy



To: Lhn5 who wrote (19488)11/20/1998 7:47:00 AM
From: nic  Respond to of 29386
 
Cisco (at 73) or Lucent (at 88) might fit. IBM (at 156) would be nice at a 1:10 exchange... rumors, rumors.

- nic



To: Lhn5 who wrote (19488)11/20/1998 7:52:00 AM
From: Patrick Sharkey  Read Replies (3) | Respond to of 29386
 
Larry, I think that the rumored buyout price was a bit higher, in the 6-8 range; a double would then be 12-14. Such a double would place Ancor's sale price in the $250 million range, a price which is in line with many Cisco acquisitions.

Pat


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