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

To: BI*RI who wrote (10232)	5/18/2000 9:27:00 AM
From: PoetTrader	Read Replies (1) \| Respond to of 17183

Thanks BiRi..eom

To: BI*RI who wrote (10232)	5/31/2000 8:58:00 AM
From: BI*RI	Read Replies (2) \| Respond to of 17183

Wednesday May 31, 8:30 am Eastern Time Company Press Release EMC and McDATA Announce Filing of Registration Statement for Proposed Initial Public Offering HOPKINTON, Mass.--(BUSINESS WIRE)--May 31, 2000--EMC Corporation and McDATA Corporation today announced the filing with the U.S. Securities and Exchange Commission of a registration statement for a proposed initial public offering of McDATA Class B common stock, all of which will be offered by McDATA. McDATA intends to apply to list the shares on the Nasdaq National Market under the symbol ``MCDT.'' McDATA is currently approximately 85% owned by EMC Corporation. EMC currently plans to distribute all of its shares of Class A common stock of McDATA to EMC stockholders on a pro rata basis approximately six to 12 months after the offering. Credit Suisse First Boston is the lead manager and Merrill Lynch & Co. and Deutsche Bank Alex. Brown are co-managing underwriters. More at: biz.yahoo.com