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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (92827)11/2/2001 9:33:16 AM
From: JHP  Read Replies (2) of 132070
 
8:12AM EMC Corp (EMC) 13.03: UBS Warburg notes that competitor Hitachi Data Systems lowered its revenue outlook; UBS believes that of the three major storage vendors, IBM is gaining the most share, Hitachi is second, and EMC is losing share; says with little likelihood of any of these three pulling out, conditions will get worse and EMC, which is trading at a 23% premium to 1991-98 valuations, has near-term risk to $7.
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