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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: GuinnessGuy who wrote (61320)	6/3/1999 11:14:00 AM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

Craig, I didn't get back in and now I'm sorry. Oh, well, 150% on the total position in a few weeks is not shabby. The warrant deal is kind of odd. As they do business, Sun gets a cheap price on the stock. It is probably legal, but sounds awfully fishy to me. Warrants are fine, but warrants at a discount price contingent upon the receipt of business is weird. I think this goes to what we were discussing in PMs. My calculations show that Brocade has to decline by about 70% to hit Ancor's valuation. So, don't hold your breath. This might take all damned week. <g>