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Technology Stocks : Emulex, What Prospects? -- Ignore unavailable to you. Want to Upgrade?

To: Albert Levulis who wrote (768)	1/30/2001 10:41:33 PM
From: 2MAR$	Read Replies (2) \| Respond to of 788

DJ Emulex CEO, Directors File To Sell Combined 360,000 Shr I don't blame them ... WASHINGTON (Dow Jones)--Emulex Corp. (EMLX) Chief Executive Paul Folino, and Directors Don Lyle, Robert Goon and Michael Downey filed to sell a total of 360,000 common shares of the company, according to four Form 144s released Tuesday by the Securities and Exchange Commission. Folino registered 200,000 shares; Lyle, 60,000; Goon, 50,000; and Downey, 50,000. All of the filers listed Jan. 24 as the approximate sale date for their shares, which had a combined market value of about $37 million, according to the filings. Robertson Stephens & Co. was listed as the broker for the sales. Emulex, based in Costa Mesa, Calif., develops fibre channel host bus adapters, hubs, application specific integrated circuits, or ASICs, and software products. A Form 144 allows for the sale of restricted stock, but it isn't a commitment to sell. -Brian Callaghan; Dow Jones Newswires/Federal Filings Business News; 202-628-8903 (END) DOW JONES NEWS 01-30-01 07:51 PM * end of story *