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: John Carragher who wrote (7351)	8/9/1999 8:41:00 AM
From: Ted The Technician	Read Replies (3) of 17183

Looks like a good deal. EMC sells at 14x sales, the buyout of DGN is at 1x sales - EMC is using its stock to buy DGN. Deal is accretive to 2000 & 2001 earnings. Deal enables EMC to get into the midrange storage business. EMC's market cap is 60B, DGN buyout is 1B - purchase price is insignificant to EMC's market cap. The buyout doesn't appear to be dilutive nor risky to EMC. Ted The Technician

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