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


To: Greg Hull who wrote (21771)5/14/1999 2:18:00 PM
From: GuinnessGuy  Read Replies (2) | Respond to of 29386
 
Greg,

Thanks! Good note.

I'm glad that you brought up the BOD stock ownership subject because it reminds me of a question that's been nagging me. In the last conference call it was possible to infer from either Cal's or Ken's(I forget which) answer that there was an unannounced but signed OEM. If this were the case, would it then be illegal for the company insiders to buy more shares, since they would have significant, non-public information? I would guess that this is the case and thus would be very disappointed to see any insider buying. In other words, lack of buying on their part means the possibility that there is indeed an unannounced but signed OEM deal. Also, are the BOD's necessarily considered insiders?

What's your take?

Craig