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


To: George Dawson who wrote (20528)2/1/1999 11:29:00 PM
From: trendmastr  Read Replies (1) | Respond to of 29386
 
Hmmmmmm....

<<Finance Home - Yahoo!

by: murphy_2000 2368 of 2368
Hi all,

This is pure speculation on my part, but, 'Mr. Twister' on the SI board has posted that Ancor has just received two new trademarks, both on the phrase 'SANBox'. See this link:

companysleuth.com

Now, back in November, Clariion published a report from an industry analysts that was titled: "3com says come play in our SANBox". See this link:

clariion.com

So, this is either just coincidence that the person talking to 3com chose to use the same phrase that Ancor later uses as a tradmark, *or* 3com may have used the phrase in the discussion which would indicate that Ancor and 3com have some pretty close ties, perhaps?

Just thinking aloud,

M2K

------------------------------------------------------------------------
Posted: Feb 1 1999 10:07PM EST as a reply to: Msg 2361 by Tubed_1999 >> 

tm



To: George Dawson who wrote (20528)2/1/1999 11:52:00 PM
From: Eleder2020  Respond to of 29386
 
>>Two to three percent institutional holdings is certainly better than none. <<<

Speaking of which Inrange is probably well into the money on their first options. Doing business with Ancor looking to be a great deal for both companies.Somewhere around $20 for Ancor, Inrange's options pay for their options as well as the financing they gave Ancor.
Now when Inrange pays for their Options which I believe the first 200K shares are at $2.50, how does that show up on the balance sheet. Just as additional cash?

Ed



To: George Dawson who wrote (20528)2/2/1999 12:51:00 PM
From: jim g.  Read Replies (2) | Respond to of 29386
 
George, my take on institutional ownership is this, if they don't own ancor now they cant sell it so that leaves two options, they can start buying which is good or they can continue to ignore it, but, the huge move in the stock since Sep 3rd was not due to institutional buying. This is encouraging, and magnifies the importance of the investment conference on Feb 8th. We need another brokerage firm or two to pick up coverage on this stock and hopefully attract institutional buying, because kinnard was the IPO investment banker anything they say is naturally suspect. Right now IBM still owns their piece of nearly 800,000 and the only other sizeable piece is 270,000 owned by Perkins Capital a microcap investment firm in Mpls. So if this evolves the way we hope institutional buying will take the stock to new levels.