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: bob gauthier who wrote (7686)	9/17/1999 11:39:00 AM
From: VFD	Read Replies (3) of 17183

Credit Suisse First Boston analyst Amit Chopra raised his 12-month price target on EMC Corp. (EMC: news, msgs) to $75 from $90 per share after meeting with the storage provider. Chopra said the company's sales force indicated it's experiencing less competition from Hewlett-Packard (HWP: news, msgs) and said EMC's third quarter "appears to be a carbon copy of the second quarter," with software sales likely to help create an "upside surprise." EMC rose 2.5 percent to 69 7/16. Obviously there is an error in the price target. It should say "to 90 from 75".

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