EMC How high can it go? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mario who wrote (10987)	8/29/2000 10:53:03 AM
From: Lynn	Read Replies (1) of 17183

Dear Mario: Yes: >Does that mean the .037/share for every EMC share is now .0185. For this, it really makes no difference: >If so doesn't it make since for EMC to disperse the shares of Mcdata before the next split. Distributing before of after a hypothetical split really does not matter. A person now holding 100 shares of EMC expects to receive 3 shares of MCDT [plus cash in lieu for the .7 share]: 100 X .037 = 3 + the cash. The same person, now with 200 shares due to the split is still due the identical number of shares and amount of cash. Now... should MCDT split before shares are distributed to EMC shareholders, we get twice the shares :) People who hold small positions in EMC should really be rooting for a MCDT rather than an ECM split. Using the 100 shares EMC example, a 2:1 MCDT would give the EMC shareholder 7 instead of 3 shares [plus the cash for the fractional share]. Regards, Lynn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next