EMC, why does it keep going down? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EMC, why does it keep going down?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Vijay Mehta who wrote (82)	8/24/1996 1:13:00 PM
From: B.G. Galbraith	of 144

I just got on this forum and read all the postings today. Was extremely releived to see your info on 2Q earnings of .36. I retrieved some limited data on the EMC earnings announcement from Market Guide a few days ago and, from their Trailing Twelve Months earnings data I came up with .23 second quarter earnings. Big Mistake! I had just bought a few shares to get an entry position on EMC and was not pleased. When I saw your posting and checked EMC's 10-Q, sure enough, .36 earnings. Long term (1 to 2 years) EMC looks like a big winner to me. The prospect of growing earnings by 15% or more (96 vs 95) doesnt look all that convincing, though. Does anyone have any strong feelings about earning prospects for 3rd & 4th quarters? BG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next