EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: Stephen M. DeMoss who wrote (12067)	2/8/2001 2:44:09 PM
From: Joseph Ziebarth	Read Replies (3) of 17183

Steve ... EMC just moved some value from the right pocket to the left pocket. Total number of shares of McDATA Class A common stock to be distributed = 81,000,000 / 2,200,674,237 = .0368069 Total number of shares of EMC common stock outstanding as of 5:00 p.m., eastern time, on January 24, 2001, the record date </TABLE> You can expect EMC stock to adjust to the give away and MCDTA to trade as a value based on their own business model. This need time to settle out on the market. Some will be selling MCDTA just to clear small amounts out of their accounts, others will be accumulating this new offering like an IPO. Personally I will keep my 8 free shares.

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