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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Nine_USA who wrote (24154)9/20/1999 4:47:00 PM
From: trendmastr  Read Replies (1) | Respond to of 29386
 
Brocade Communications Announces Partial Lock-Up Release

SAN JOSE, Calif., Sept. 20 /PRNewswire/ -- Brocade Communications Systems, Inc. (BROCADE¨) (Nasdaq: BRCD - news) announced today that Morgan Stanley Dean Witter, the lead underwriter for BROCADE's initial public offering, which was effective on May 24, 1999, has agreed to release from its lock-up restrictions an additional 3 million shares of BROCADE's common stock. The shares will be available to trade no earlier than Wednesday, September 22, 1999.