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

To: richroni who wrote (19989)	1/6/1999 2:46:00 PM
From: nic	Respond to of 29386

if you never sold you never suffered a loss so you would not be entitled to a claim Not correct according to the rules of the settlement. For shares you bought in the relevant period and held through 03/14/97 the loss is calculated relative to the closing price on that day, 4 1/8. The settlement will be a given proportion of your loss. The 55c a share figure is rather useless - I'd much rather hear an estimate in terms of percentage of loss. Any guesses? And by the way, the overall size of the settlement is fixed, so filing a claim at this point does not affect Ancor negatively. The operative question is whether it'll be worth the notary's fees... - nic