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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To: ram yariv who wrote (136)	10/8/1996 10:39:00 AM
From: Khris Vogel	of 144

I agree. Looking at some numbers, assuming the co. can see avg. compound earnings growth of 18% (very conservative based on the history of the co. and the potential for the co.'s products), earnings by 2000 could very well be $3.41/share. $3.41/share x a PE of 20 (once again conservative) = $68. Definitely a long-term investment to keep, I'd think.

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