EMC, why does it keep going down? Message Board

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Technology Stocks : EMC, why does it keep going down?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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From: olduser	10/10/1995 8:46:00 PM
	of 144

Company stated that they booked a 15 million deal on 4th of October that would have given them .35 for quarter if booked a few days earlier. They also turned down several orders that were priced below what they wanted. If the price had been "normalized" they would have come in at .39. IBM cannot keep dumping product at unprofitable levels. This reminds me of modem market last year. Intel was exiting business and dumping product. Everyone in industry suffered. When pricing pressures eased, the survivors flourished. EMC will be fine. Even at 1/2 of expectations, this should be a 20 dollar stock.

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