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: jad who wrote (7833)	10/20/1999 9:49:00 AM
From: Tony Viola	Read Replies (3) of 17183

Jad, GV, EMC set to open at 65 to 68...maybe sequential revenues being up only 3.1% isn't what was expected. Top line is scrutinized as much as bottom line and outlook, especially with IBM always being looked at with a jaundiced eye re top line. I guess the unknown aspect of DGN is worrisome also, as GV points out. Street hates uncertainty. Revenues rose 33% to $1.33 billion from a year-ago and 3.1% on as sequential basis as the company enjoyed good results across all regions. In fact EMC gained market share during the latest period while improving margins as growth in Internet related business created "unprecedented demand for intelligent enterprise storage." Tony

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