EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

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Sep 15 5:00 PM EST

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To: Allegoria who wrote (11830)	1/12/2001 9:45:41 AM
From: BI*RI	Read Replies (1) of 17183

Press Release EMC Corporation Announces Record and Distribution Dates for Distribution of McDATA Class A Common Stock HOPKINTON, Mass.--(BUSINESS WIRE)--Jan. 12, 2001--EMC Corporation (NYSE: EMC - news) today announced that it has declared a stock dividend of all of the shares of Class A common stock of McDATA Corporation (Nasdaq National Market: MCDT - news) owned by EMC. The dividend will be distributed on February 7, 2001, to EMC stockholders of record as of 5:00 p.m. Eastern time on January 24, 2001. EMC currently owns 81 million shares of McDATA Class A common stock, which represents approximately 74 percent of the total outstanding common stock of McDATA.

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