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Non-Tech : The Critical Investing Workshop

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To: piscatologist who wrote (28246)8/8/2000 3:27:11 PM
From: Mannie  Read Replies (2) of 35685
 
Hi Gary...

From the press release..

<EMC, based in Hopkinton, Mass., holds all of McData's Class A shares, which receive one vote each.
The Class B stock to be held by the public receives one-tenth of a vote for each share. EMC plans to
distribute the McData Class A stock to EMC shareholders within 6 to 12 months of the IPO. >

I believe EMC shareholders will receive something like 6 to 7 shares of McData for every 100 EMC you hold. It would be awfully nice if they gave us the opportunity to buy more at the IPO price...funny it never seems to work that way.

I hope all is well with you, I'm out there door for an overnight scoot ride with a buddy. The North Cascades, an unbelievably beautiful mountain ride.

Scott
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