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Politics : Formerly About Applied Materials
AMAT 329.04-0.4%10:38 AM EST

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To: StanX Long who wrote (62990)4/19/2002 1:19:54 AM
From: StanX Long  Read Replies (1) of 70976
 
EMC Posts Q1 Loss, in Line with Expectations
4/18/02

host.wallstreetcity.com

Boston, Apr 18, 2002 (MidnightTrader via COMTEX) -- EMC Corp. (EMC) is trading higher this morning on 18,800 Instinet shares after reporting a Q1 loss, but hitting Street estimates.
The company reported a loss of $0.04 per share, a penny narrower than estimates, but down from the profit of $0.18 per share recorded a year ago. Revenue for the quarter was $1.3 billion, matching the First Call consensus, but declining from the $2.3 billion posted in last year's quarter.

Price: 10.80, Change: +0.40, Percent Change: +3.8%

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