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Strategies & Market Trends : Angels of Alchemy

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To: KevinMark who wrote (9138)8/19/2000 6:31:39 PM
From: puborectalis  Read Replies (2) of 24256
 
MCDT is currently an indirect majority-owned subsidiary of EMC who plans to
liquidate their holdings and distribute all the shares of the Class A common stock to the
holders of EMC's common stock on a pro rata basis about 6-12 months after
IPO.However,EMC is not obligated to complete this distribution and may not occur by
the anticipated time or at all......Their ED-500 pdt accounts for 43% of revenues last
year and will continue to account for a substantial portion of the revenue for the
foreseeable future.....the market for SAN's has only recently begun to develop and is
rapidly evolving...ED-500 is used extensively in SAN's.
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