Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jim g. who wrote (19961)	1/5/1999 12:26:00 PM
From: XOsDaWAY2GO	Read Replies (2) \| Respond to of 29386

>Thirdly, need some help to kick myself in the ass for not buying below $2/sh.< I've been telling myself to buy more since 3 1/4 which is the price I got in at. Today I'm saying the same thing. OTOH, it has gone up so much........

To: jim g. who wrote (19961)	1/5/1999 12:35:00 PM
From: Greg Hull	Read Replies (2) \| Respond to of 29386

Jim, <<if i am not mistaken i think 4 3/4 is an important price, not only because it is 3 3/4 above the low, but because of the formula with that price involving the reg d guys, seems that we will not be hit with stock from them at that price or above quite so readily, anyone have the details.>> I'm not sure to what you are referring; could you please elaborate? Are you suggesting that a closing price of $4.75 has special significance, or a conversion price of $4.75 greatly reduces dilution? As a practical matter, there are so few preferred shares remaining that today's conversion price can affect only the third significant digit of the total shares outstanding. Greg