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: Allegoria who wrote (8904)	1/26/2000 9:31:00 AM
From: Tony Viola	Read Replies (2) of 17183

Eric, Re:EMC down slightly in AMT..seems you can't impress the street these days... My first 5 minute look at the report: we have gotten used to predictions of 30 - 40% revenue growth. That is not evident in these numbers: Total revenue for the fourth quarter was $1.88 billion, 21% higher than the fourth quarter of 1998. For the full 1999 fiscal year, EMC's revenue totaled $6.72 billion, 24% higher than 1998. I'm disappointed because this stock is priced for perfection. People want to compare it to Cisco, well, Cisco had 49% revenue growth Q over Q in their last report. This ain't no Cisco, at least WRT revenue growth. I'm holding, because EMC is a gorilla that keeps gaining market share (I think) in an exploding market, has the best products, but I hope to find out better stuff than this. Tony

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