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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: Joseph Ziebarth who wrote (12069)2/8/2001 2:48:54 PM
From: GVTucker  Read Replies (3) of 17183
 
RE: MCDT Class A and Class B

The MCDT stock EMC shareholders received is Class A stock, symbol MCDTA. The existing McData stock is Class B, symbol MCDT.

The only difference between the two Classes is that Class A stock carries 10x the voting rights of Class B.

That's right, Class A is more valuable than Class B. The only, and I mean ONLY reason that the A is cheaper right now is that a lot of holders of the EMC distribution are selling indiscriminately. Eventually, the Class A will trade at a premium (or parity at a minimum) to the Class B stock.
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