EMC How high can it go? Message Board

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 : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: walt zweifel who wrote (4629)	3/3/1999 4:55:00 PM
From: Scott Kessler	of 17183

Had had an interest in EMC for a while. Love the co. Obviously an IBMer is going to say IBM's poised to take mkt. share from EMC. However, it's well-understood that EMC is yrs. (plural!) ahead of IBM & others on a tech basis. At the Goldman Tech Conf., IBM announced its new Shark storage products. No big deal -- I believe they're mainframe only products, while EMC's solutions handle UNIX and Windows NT environments as well (see recent Citigroup win). EMC continues to win share from IBM & Hitachi. IBM hasn't stopped the bleeding b/c EMC is focused on 1 thing -- storage. Earlier this wk. EMC announced new storage network products & that total storage biz revs. (from which it will derive a significant share) is going to be $50 BILLION in 2002. Right now, EMC's ms is in the 30s & could easily continue to move higher. IBM's late to the party & doesn't have the tech, products, salesforce, culture or focus to dethrone EMC. Everyone & their mother now has a storage offering b/c of the margins EMC's getting -- DELL, IBM, SUN, you name the hardware co. Just sit tight. Added to my position @ 98 1/8.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next