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Technology Stocks : All About Sun Microsystems
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To: JDN who wrote (50373)7/16/2002 9:30:47 AM
From: Proud_Infidel  Read Replies (1) of 64865
 
8:23AM Positive comments on EMC, other storage co's by Goldman Sachs (EMC) 9.10: Laura Conigliaro at Goldman Sachs believes that EMC should be able to modestly beat estimates in the June and Sept qtrs; sees EMC as a really positive story longer term, as it is still emerging as the solid storage franchise leader in a better IT spending environment, but thinks the stock is due for a rest after recent strength. In addition to positive data on EMC, firm says there were a number of pieces of evidence pointing to a noticeably better storage mkt in the June qtr: pricing wasn't as bad as the last qtr, BRCD should be strong, QLGC should be at the high end or above targeted ests, ELX should be able to make firm's above consensus ests, and SUNW storage is improving.
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