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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: bob gauthier who wrote (6849)6/25/1999 9:58:00 PM
From: SJS  Read Replies (1) of 17183
 
Reading this tells me 2 things:

1) EMC is doing well, based on Lehman's report,
2) They FINALLY classified EMC correctly (they're not a disk drive company)
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According to report issued Thursday by Lehman Bros. analyst, large-cap enterprise hardware companies, namely IBM (123 1/2 +15/16), EMC Corp. (EMC 53 7/8 +7/8), and Sun Microsystems (SUNW 64 7/8 +5/16), are doing well in the June quarter.

A mixed showing overall for the PC makers and disk drive/storage stocks... Hewlett-Packard (HWP 92 5/8 +1 3/4) was the lone standout in gaining more than a point... NEC Corp. said that is has agreed with HP, Oracle, and BEA Systems to cooperate in providing computer systems for financial institutions.
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