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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: Tony Viola who wrote (11940)1/23/2001 6:32:53 PM
From: Gus  Read Replies (1) of 17183
 
....(read today about shaky accounting past also).

Rogue salespeople too. Immediately in the wake of the twin scandals, a similar buyout rumor involving Legato by EMC or Veritas arose, but nothing obviously came out of it. Legato's under new management now and TTM revenues are around $238M so there is some value there that might give EMC some time-to-market advantages in the mid-range Clariion particularly since it has been on a rapid-fire quarterly product development pace and since it's trying to develop a solution provider channel. More product for the partners. We'll see. Thus far, EMC Software has been successfully focused on establishing how the physical storage layer (inside the box and on the storage network) adds resiliency, redundancy and performance (load balancing betweeen redundant components) to various operating systems, databases, middleware (system management) and applications to protect, manage and share data.
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