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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST
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To: jad who wrote (13333)10/17/2001 10:40:02 AM
From: jad  Read Replies (1) of 17183
 
On call, says it would normally expect Q4 to be up from Q3, but given macro-economic environment, it is taking a conservative stance.... notes its break-even point for Q4 is $1.7 bln in revenues (current Multex consensus is loss of $0.01 per share and revenues of $1.606 bln)... going forward, thinks its break-even number should come down to $1.6 bln given current margins and cost reduction initiatives... projects a return to profitability in 2H02.
Breiefing
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