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: Ibexx who wrote (12400)	3/8/2001 2:34:04 PM
From: Boplicity	Read Replies (1) of 17183

14:05 ET EMC Corp (EMC) 39.01 -1.99 (-4.9%): -- Update -- Wit SoundView downgrading to BUY from STRONG BUY and reducing est for qtr and year to below consensus $0.21 and $0.97, respectively. Firm incrementally concerned over price erosion overall and penetration problems in Europe generally. Has confirmed with contacts that there have been some large competitive losses in Europe to Hitachi. Price target goes from $65 to $50.

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