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Technology Stocks : Son of SAN - Storage Networking Technologies

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To: George Dawson who wrote (1189)4/28/1999 8:40:00 PM
From: George Dawson  Read Replies (2) of 4808
 
Additional observation - Brocade and Ancor will have approximately the same number of shares trading 180 days after the Brocade IPO. Total common stock estimates are:

Brocade = 25,281,781 per prospectus today.

Ancor = 24,056,140 as of 3/15/99 per Nasdaqtrader.com today.

The amount of shares offered for the IPO by Brocade are proportionately less than EXTR:

BRCD = 3.25M/25.3M = 11%

EXTR = 7M/49M = 14%

George D.

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