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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/3/2001 10:26:49 AM
From: besttrader  Read Replies (1) of 37746
 
10:19 ET EMC Corp (EMC) 42.08 -1.92 (-4.4%): CSFB lowered estimates this morning to reflect pricing and utilization pressure; reduces 2001 est. to $0.74 from $0.79 and 2002 to $0.91 from $0.98. Feels that internal storage environment is changing as customers are making more efficient use of their capacity to meet data requirements rather than buy more storage. Firm's checks reveal that typical utilization rate on EMC hardware is currently about 35%-45%; customers are pushing towards the 50%-60% in the future.
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