EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: JDN who wrote (3320)	12/4/1998 5:12:00 PM
From: Erwin Sanders	Read Replies (3) of 17183

"Analysts positive on EMC EMC Corp. (EMC) shares rose after Morgan Stanley analyst Gillian Munson raised her 12-month price target for the company to $100 from $75. Merrill Lynch also reiterated the company's "near-term buy" rating and 12-month price target of $87 a share. In a research note, Merrill analyst Steve Milunovich said EMC shows revenue growth and improving margins. He said both revenue and earnings growth for the company should be at least 30 percent to 50 percent in the next 2 to 3 years. Milunovich calls EMC, which makes computer storage products, the "next technology franchise company." Shares of EMC gained 3 7/16 at 79. " From CBS market report - Tech Watch. Revenue and earnings growth of up to 50% per year? - WOW Can anyone explain to me exactly what is meant by "franchise company"? Is this another term for a gorilla? Erwin

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