Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: trendmastr who wrote (1159)	4/6/1999 9:23:00 PM
From: trendmastr	Respond to of 4808

News April 06, 1999 18:41 Emulex Corp files for stock offering COSTA MESA, Calif., April 6 (Reuters) - Emulex Corp. said Tuesday it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 2.1 million shares of common stock. The company said in a statement 2 million shares will be offered by the company and 100,000 shares will be offered by a selling stockholder. The underwriters have been granted an over-allotment option for up to an additional 315,000. The underwriting group will be managed by BancBoston Robertson Stephens Inc., Dain Rauscher Wessels, Morgan Keegan & Co. Inc. and Needham & Co. Inc. Proceeds will be used for working capital and general corporate purposes, including capital expenditures, working capital, expansion of sales and marketing and research and product development efforts. Emulex is a supplier of fibre channel host adapters, hubs, ASICs and software products that enhance access to and storage of electronic data and applications.