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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD)
BRCD 12.730.0%Nov 20 4:00 PM EST

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To: Jenne who wrote (326)11/22/1999 2:51:00 PM
From: TigerPaw  Read Replies (1) of 1583
 
SAN JOSE, Calif., Nov. 8 /PRNewswire/ -- Brocade Communications Systems, Inc. (BROCADE(R)) (Nasdaq: BRCD), the leading supplier of Fibre Channel fabric solutions for Storage Area Networking, announced today that the company's board of directors has approved a two-for-one split of BROCADE Common Stock in the form of a stock dividend. Stockholders of record at the close of business on November 18, 1999 will receive one additional share for each one share of Common Stock held on that date. The stock will begin trading on a split-adjusted basis on December 3, 1999. The BROCADE transfer agent will mail the new stock certificates representing the additional shares on or about December 2, 1999.

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