EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: Just4fun2 who started this subject	8/20/2001 11:47:12 PM
From: marginnayan	of 17183

From briefing.com: EMC Corp (EMC) 16.33 -0.17: CE Unterberg Towbin initiates coverage with a NEUTRAL rating and price target of $19; expects EMC stock to trade in range of roughly $13-$19 until some improvement in storage demand, as well as greater spending efficiency within the company is apparent; longer-term potential of company's impressive software franchise will improve prospects eventually, but firm tends to think there is still a little more downside risk than upside with an uncertain 3Q in front of us; thinks closer to $13 would be a better place to initiate positions.

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