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Technology Stocks : MCDT
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To: Richard Forsythe who wrote (94)1/24/2002 10:34:34 AM
From: Richard Forsythe   of 145
 
MCDTA = MCDT, but MCDTA is cheaper!

The McDATA "A" Shares (ticker: MCDTA) are IDENTICAL to the "B" shares (ticker: MCDT), except MCDTA carries 10x the vote of the MCDT. The "A" shares are currently cheaper, however, and are therefore a better buy. They are purchased the same way as MCDT -- just use ticker MCDTA.

Eventually, the "B" shares will trade below the price of "A" shares, especially when the company introduces the ability for "A" shares to be converted to "B" shares (but not the other way around).

Check out shareholder.com
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