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: JDN who wrote (12498)	3/19/2001 9:39:24 AM
From: hamsandwich	Read Replies (1) of 17183

GS cuts hardware, including EMC. 08:57 ET Enterprise Hardware : Goldman Sachs Analyst, Laura Conigliaro making sizable cuts to revenue and earnings forecasts for the enterprise server and storage companies, including BRCD, EMC, HWP, IBM, NTAP and SUNW. Cuts based on continued slowing in the U.S. and belief that this will spread to Asia and Europe. Estimates have gone to the low end of the range of expectations or below it in some instances, and are well below consensus forecasts. In the U.S. the slowing has spread to virtually all industries, while anecdotal evidence is beginning to suggest that the slowing is also spreading to parts of Asia and Europe.

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