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: Road Walker who wrote (12797)	7/5/2001 6:48:44 PM
From: t2	Read Replies (1) of 17183

``We generated a significant amount of revenue over the course of the final days of the quarter,'' continued Teuber. ``We are in the process of closing the books and, therefore, the information presented in this announcement is preliminary. We wanted to make sure we communicated as quickly as possible, but we will not be in a position to comment further until we announce full second-quarter results on July 18.'' OK..how do we interpret this? It seems to me they leaving some upside room to their numbers. Maybe the revenue numbers goes higher but not the EPS (speculating). If they were to report numbers that were better than in their preannouncement, it would obviously create a credibility issue. I guess they want to beat the estimates, one way or another.<g> The second question is...does it mean business was picking up at the end of the quarter more than they expected? For those reasons, I am going to try to buy in at the lows of morning ....for a trade of course.<g>

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