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Technology Stocks : Emulex, What Prospects?

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To: Boplicity who wrote (489)8/25/2000 1:03:10 PM
From: Lynn   of 788
 
The company responds to the hoax:

Market Pulse

Last Update: 1:01 PM ET Aug 25, 2000:

Friday, August 25, 2000

EMLX comments on hoax
--1:01 pm - By Chris Kraeuter
Emulex Corp. (EMLX: news, msgs) has now put out an official press release saying that
"unknown persons have published and circulated a fictitous press release this morning." Shares
are halted and no reopen time has been announced yet. According to Emulex, the SEC and the
Nasdaq surveillance team are investigating. "Emulex shareholders should be assured that our
business is at record levels and the fundamentals of our business and my commitment to this
company have never been stronger," said Paul Folino, president and CEO. Shares were halted
down 48 1/16, or 43 percent, to 65. (See 10:45, 11:10 and 11:27 items.)

www2.marketwatch.com

Lynn
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