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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST
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To: Fang Li who wrote (18699)10/20/1998 4:46:00 PM
From: Technocrat  Read Replies (2) of 29386
 
"Enterprise data storage systems and software maker EMC Corp. (NYSE:
EMC) gained $4 3/16 to $62 after reporting fiscal Q3 EPS of $0.38
versus $0.25 a year ago, beating the Street's mean estimate by
$0.02. The firm's net profit margin hit a decade-high 20% during the
quarter, while revenues jumped 37% from a year-ago to a hair over $1
billion." Motley Fool 10/20/98

Not sure whether Y2K is accelerating or hindering the
growth of enterprise storage. However, it is clear
that Fibre Channel revenue growth should resemble
that of companies like EMC.
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