Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (715)	2/22/2001 9:55:38 AM
From: dennis michael patterson	Read Replies (1) of 52237

Yeah. Profit warning expected. EMC just sent this out EMC Sees 25% to 35% Revenue Growth for 2001 By TSC Staff 2/22/01 9:50 AM ET EMC (EMC:NYSE - news) said to this point in the first quarter, global demand for its information storage systems, software and services has been strong, and the company projected revenue growth of 25% to 35% for 2001. The company said parts of the U.S. business have been "challenged" by the sharp drop-off in spending by Internet companies, but EMC said overall demand from large global companies, shipments of networked information storage products and the growth of international business are still strong. EMC said it is continuing "to march toward" its revenue goal of $12 billion in 2001.

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