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

To: Greg Hull who wrote (19519)	11/20/1998 6:07:00 PM
From: Greg Hull	Read Replies (1) \| Respond to of 29386

Oops - here's more recent info on Qlogic common stock: QLogic Corporation Announces Proposed 2-For-1 Stock Split Costa Mesa, Calif., November 4, 1998 -- QLogic Corporation (Nasdaq:QLGC), a leader in the I/O industry, announced that its Board of Directors has authorized the Company to amend its Certificate of Incorporation to increase its authorized shares of Common Stock from 12,500,000 shares to 50,000,000 shares and to split its outstanding shares on a two-for-one basis, subject to approval of the Amendment of the Certificate of Incorporation by the holders of a majority of the Company's outstanding shares. Stockholders of record on December 8, 1998 will be entitled to vote by written consent. The Company expects to mail consent solicitation materials to its stockholders after December 8, 1998. If the proposal is approved by stockholders, the aggregate number of post-split shares of common stock that will be issued and outstanding will be approximately 18 million. The Company expects to announce the effective date of the stock split as soon as practicable following stockholder approval of the Amendment of the Certificate of Incorporation. Let's hope a 10:1 offer is not with post-split shares. <g> Greg

To: Greg Hull who wrote (19519)	11/21/1998 7:17:00 AM
From: Craig Stevenson	Respond to of 29386

Greg, One of the posts on Yahoo says that QLGC is interested in EITHER Ancor or Vixel. I think it is safe to say that Ancor has the more advanced switching technology, but Vixel would give QLogic a broader line. It certainly looks like QLogic could make an acquisition using their stock as currency, but I don't know how to factor in the QLGC stock split. Let's hope the offer was pre-split. <g> I wonder if this is a case where some people could be buying ANCR, hoping to get QLGC at a discount? Craig