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


To: rrufff who wrote (13080)8/29/2001 2:17:44 PM
From: GVTucker  Read Replies (1) | Respond to of 17183
 
Here's a good summary:

amextrader.com

Basically, it is EMC stock that pays a dividend of $1.32 annually until mid 2003, when it converts into EMC common stock. Until that conversion, you are also subject to the credit risk of Morgan Stanley, the obligor of the dividend.