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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST
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To: JDN who wrote (10786)7/31/2000 5:58:17 PM
From: Gus  Read Replies (1) of 17183
 
EMC's investing track record is actually quite good. They bought Mcdata for the stock equivalent of around $200-250 million in late 1995 and Mcdata has contributed close to a billion dollars of revenues over the last 5 years while serving a clear strategic purpose in the ESCON and FC large scale switching market. The spinoff promises to jack up the return to shareholders exponentially.
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