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Pastimes : G&K Investing for Curmudgeons
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To: Apollo who wrote (4817)8/9/2000 5:28:40 PM
From: TigerPaw   of 22706
 
EMC shareholders will receive shares of McData as a dividend.
I thought I read that this dividend would be about 1 share of MCDT for every 30 or 40 shares of EMC. It seems to me that there would be quite a few shareholders with 1 or 2 shares of MCDT. Doesn't that seem rather inefficient? I mean they will have to send the annual report and various papers to all stockholders, even those with one or two shares.
TP
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