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: JRI who wrote (7430)	8/11/1999 11:47:00 AM
From: GVTucker	Read Replies (1) of 17183

john, RE: If you look back at the estimates over the past few months, they have hardly budged from when they were taken down due to the (Merrill Lynch) Milonovich debacle when his Y2K report cut earnings for EMC, Dell and others (in April?) On the contrary, FY 99 estimates have climbed from an average of $0.97 in April to the current $1.05. Prior to the most recent quarter, the average estimate was $1.00. So I think that the two or three cents for the remaining two quarters has now been factored in. The nice thing is, we won't have to wait too long for confirmation.

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