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Technology Stocks : McData (MCDT) -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (145)2/6/2001 7:48:25 PM
From: RockyBalboa  Read Replies (1) | Respond to of 234
 
I don't find the WIs (MCDAV?)

Are they the same i deliver into the combo?



To: Sir Auric Goldfinger who wrote (145)2/6/2001 8:25:16 PM
From: Pravda  Read Replies (1) | Respond to of 234
 
Goldfinger,

Has your short indicator turned positive again yet, or is it dependent on the Fed ending the easing cycle?

Pravda



To: Sir Auric Goldfinger who wrote (145)2/7/2001 12:47:55 AM
From: Gus  Read Replies (2) | Respond to of 234
 
You are even dumber than you sound. The transfer of 74% of MCDT's outstanding shares from ownership of one (EMC) to ownership of many (EMC shareholders as of 1/24/2001) was well known even before the IPO (August 2000) and the overhang on the stock during the transfer period between the record date and the distribution does not come as a surprise except to the most dim.

You make a pretty sweeping statement asserting that EMC shareholders do not want the shares, but why I am not surprised? LOL. You're the same pompous ass who barged into this board referring himself in the third person. What are you? Some limp-wristed, self-important diva shortseller of the market who possesses some special insight into the obvious. LOL. Before Messr. Goldfinger gets lost, learn how to read and count with your fingers, you bozo!

5/31/2000

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.


emc.com

8/8/2000


EMC Corporation and McDATA Corporation today announced that the initial public offering of 12,500,000 shares of McDATA's Class B common stock was priced at $28 per share

emc.com

1/12/2001


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.

emc.com