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: Tulvio Durand who wrote (6673)	6/9/1999 11:27:00 AM
From: Tony Viola	Read Replies (2) of 17183

Tulvio, Not only do these people erroneously equate PC hard disk with enterprise storage, they also don't understand the role that enterprise storage plays in alleviating Y2K problems. Financial centers and other businesses need to record and store more data more often during the Y2K transition than at other times in order to be able to unscramble errors that might occur because of Y2K glitches. Thus there could very well be MORE demand for EMC equipment because of Y2K. One of the other threads (Intel or AMD, I think) yesterday had posts saying there is a five month backlog already, for people asking the IRS for up to date social security records. And, the IRS is supposed to be the furthest ahead of the gov't. agencies in Y2K preparedness! Of course, these two IRS "factoids" shouldn't really be connected. If it is 5 months, what's the critical path? I'd guess it's people handling the requests, but bigger faster CPUs and storage couldn't hurt. Tony

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