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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (9834)	4/14/2000 5:37:00 PM
From: John Carragher	Respond to of 17183

Dow Jones Newswires -- April 14, 2000 Dow Jones Newswires EMC Calls $212.5M Data Genl 6% Sub Notes Due 2004 Dow Jones Newswires HOPKINGTON, Mass. -- EMC Corp. (EMC) plans to redeem on May 18 its outstanding 6% convertible subordinated notes due 2004 assumed in connection with its acquisition of Data General Corp. in October 1999. In a press release Friday, EMC said the principal amount of the notes is currently $212.47 million. The company will pay the redemption price of 103.429% per note for notes not converted before the close of business May 17. The notes, issued by Data General in May 1997, are convertible into EMC common shares at any time before the close of business May 17, at a conversion price of $83.8208 a share.