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Strategies & Market Trends : Sharck Soup
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To: American Spirit who wrote (34836)9/10/2001 2:57:44 PM
From: Softechie  Read Replies (1) of 37746
 
EMC Corp (EMC) 14.07 +0.72: -- Update -- Intraday -- C.E. Unterberg Towbin maintains NEUTRAL rating; brokerage believes the company's downside has become more limited in the face of last week's further weakness and today's updating of the Symmetrix storage array; brokerage's primary near term concern remains overall demand and poor pricing that provide little chance for upside in Q3 (Sep); however, brokerage concludes that EMC has provided a better-than-expected answer to high-end performance issues versus rival Hitachi Data Systems that should improve its technical chances in bids going forward.
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