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


To: eric sahlin who wrote (21293)4/6/1999 12:02:00 AM
From: srvhap  Read Replies (1) | Respond to of 29386
 
<<Inrange's options are exercisable at prices ranging from $2.5 per share to $10 share.

250,000 shares can be purchased at $2.50/share

250,000 shares can be purchased at $5.00/share

250,000 shares can be purchased at $10.00/share

Inrange was able to exercise these options starting on March 24, 1999 and before
September 24, 2003.

Eric>>

Not a real strong vote if they elect to sell when the ASP touches the avg paid price 5.83. As suggested this is Not a sell order, just an open door to do so. I sure would rather have seen them suggest that they wanted to sell 250K when the price was stable around 9 rather than another one of these hit and runs...That's how I see it.