SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: GVTucker who wrote (10809)8/1/2000 4:03:17 PM
From: Jean M. Gauthier  Respond to of 17183
 
Thanks a lot people

Great advice...

I love this site....

and this thread....

You are GREAT people...

Proud member since 1997...

Take care
Jean



To: GVTucker who wrote (10809)8/8/2000 2:35:34 PM
From: Barry Grossman  Read Replies (1) | Respond to of 17183
 
GV,

McData will have 106.4 million common shares outstanding after the IPO, including 81 million Class A shares and 25.4 million Class B shares.

EMC, based in Hopkinton, Mass., holds all of McData's Class A shares, which receive one vote each. The Class B stock to be held by the public receives one-tenth of a vote for each share. EMC plans to distribute the McData Class A stock to EMC shareholders within 6 to 12 months of the IPO.


yahoo.cnet.com

81 million class A/1217 million outstanding = .066557 or 6.66 shares per 100 shares EMC. Am I wrong?

Barry