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

To: Gus who wrote (11246)	9/26/2000 11:56:44 AM
From: Mike 2.0	Respond to of 17183

Semi OT to EMC-ers: Q re past EMC convertible issues I hold ADI, which just announced a convertible issue, a first for the company AFAIK. As an EMC shareholder (I simply plan to hold "forever"), I know EMC has issued convertible debt with much success. My question for the smart apples on this EMC thread is: what did EMC use the proceeds from the convertible issue for: acquisitions? and if yes, why did they not opt to use stock for those acquisitions instead of cash proceeds from convertible debt. I do not recollect specifics how EMC utilized the convertible proceeds -- TIA for any comments.