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To: Allegoria who wrote (11830)1/12/2001 9:44:32 AM
From: BI*RI  Respond to of 17183
 
Press Release

EMC Corporation Announces Record and Distribution Dates for Distribution of
McDATA Class A Common Stock

HOPKINTON, Mass.--(BUSINESS WIRE)--Jan. 12, 2001--EMC Corporation (NYSE: EMC - news) today announced that it has declared a stock
dividend of all of the shares of Class A common stock of McDATA Corporation (Nasdaq National Market: MCDT - news) owned by EMC. The dividend will be distributed on February 7,
2001, to EMC stockholders of record as of 5:00 p.m. Eastern time on January 24, 2001. EMC currently owns 81 million shares of McDATA Class A common stock, which represents
approximately 74 percent of the total outstanding common stock of McDATA.



To: Allegoria who wrote (11830)1/12/2001 9:45:41 AM
From: BI*RI  Read Replies (1) | Respond to of 17183
 
Press Release

EMC Corporation Announces Record and Distribution Dates for Distribution of McDATA Class A Common Stock


HOPKINTON, Mass.--(BUSINESS WIRE)--Jan. 12, 2001--EMC Corporation (NYSE: EMC - news) today announced that it has declared a stock dividend of all of the shares of Class A common stock of McDATA Corporation (Nasdaq National Market: MCDT - news) owned by EMC. The dividend will be distributed on February 7, 2001, to EMC stockholders of record as of 5:00 p.m. Eastern time on January 24, 2001. EMC currently owns 81 million shares of McDATA Class A common stock, which represents approximately 74 percent of the total outstanding common stock of McDATA.



To: Allegoria who wrote (11830)1/12/2001 9:47:10 AM
From: BI*RI  Respond to of 17183
 
Press Release

EMC Corporation Announces Record and Distribution Dates for Distribution of McDATA Class A Common Stock


HOPKINTON, Mass.--(BUSINESS WIRE)--Jan. 12, 2001--EMC Corporation (NYSE: EMC - news) today announced that it has declared a stock dividend of all of the shares of Class A common stock of McDATA Corporation (Nasdaq National Market: MCDT - news) owned by EMC. The dividend will be distributed on February 7, 2001, to EMC stockholders of record as of 5:00 p.m. Eastern time on January 24, 2001. EMC currently owns 81 million shares of McDATA Class A common stock, which represents approximately 74 percent of the total outstanding common stock of McDATA.

The Dividend Distribution

The McDATA Class A common stock will be distributed to EMC stockholders in the amount of approximately 0.0369 of a share of McDATA Class A common stock for each share of EMC common stock (approximately 36 shares of McDATA Class A common stock for each 1,000 shares of EMC common stock). The final ratio will be the ratio of the number of shares of McDATA Class A common stock owned by EMC to the actual number of shares of EMC common stock outstanding on January 24, 2001, the record date. As of December 31, 2000, the close of EMC's 2000 fiscal year, EMC had approximately 2,195,000,000 shares outstanding.



To: Allegoria who wrote (11830)1/12/2001 9:47:43 AM
From: BI*RI  Respond to of 17183
 
Press Release

EMC Corporation Announces Record and Distribution Dates for Distribution of McDATA Class A Common Stock


HOPKINTON, Mass.--(BUSINESS WIRE)--Jan. 12, 2001--EMC Corporation (NYSE: EMC - news) today announced that it has declared a stock dividend of all of the shares of Class A common stock of McDATA Corporation (Nasdaq National Market: MCDT - news) owned by EMC. The dividend will be distributed on February 7, 2001, to EMC stockholders of record as of 5:00 p.m. Eastern time on January 24, 2001. EMC currently owns 81 million shares of McDATA Class A common stock, which represents approximately 74 percent of the total outstanding common stock of McDATA.

The Dividend Distribution

The McDATA Class A common stock will be distributed to EMC stockholders in the amount of approximately 0.0369 of a share of McDATA Class A common stock for each share of EMC common stock (approximately 36 shares of McDATA Class A common stock for each 1,000 shares of EMC common stock). The final ratio will be the ratio of the number of shares of McDATA Class A common stock owned by EMC to the actual number of shares of EMC common stock outstanding on January 24, 2001, the record date. As of December 31, 2000, the close of EMC's 2000 fiscal year, EMC had approximately 2,195,000,000 shares outstanding.

biz.yahoo.com



To: Allegoria who wrote (11830)1/12/2001 9:48:59 AM
From: BI*RI  Respond to of 17183
 
Deleted SI Duplicate post