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

To: Craig Stevenson who wrote (19515)	11/20/1998 5:44:00 PM
From: Greg Hull	Read Replies (2) \| Respond to of 29386

Craig, I see that QLogic Corporation has 12.5M shares authorized and 8,718,043 shares issued according to the latest 10-Q. Looks like there is room to accommodate 2.5M for Ancor shareholders at a 10:1 offer. While I wouldn't mind $11 per share now (Qlgc closed down 6 @ 110.25), it seems that it could be worth more 6-12 months from now. Maybe those $1.78 options are just too tempting for management to resist. Gee it's nice to have a reason to dig into SEC filings again. Greg