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: Richard Strutz who wrote (28)	1/5/1996 4:33:00 PM
From: Ben Maldonado	of 144

Earnings will be released in the 1st week of February. I agree with you that I feel this stock will be a big winner for 1996. Concensus earnings ests. for '96 are $1.66. The company also stated that there was not a significant degradation in pricing in the 4th quarter, and that's what the bears have been focusing on. Once this information is in the marketplace, the stock should trade at a significantly higher multiple than the current level of less than 10 times '96 estimates.

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