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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: JDN who wrote (3525)1/5/1999 9:33:00 AM
From: Loren  Read Replies (1) of 17183
 
JDN/all -

Yes, sports fans, I DO know how to post EMC-related messages also. :-)

What do you think EMC's EPS growth rate will be over the next 2 years? Right now it is about 30% (just a touch higher than CSCO), and VERY predictable. To be a high flyer price-wise *longterm*, I think it will have to accelerate its earnings, because it is already trading at a P/E in the mid-60's.

I am HOPING for one 'double' ahead of its time, due to rising P/E (investor exuberance)... I'm not sure I can expect another soon after that.

I'm interested in your (and other's) thoughts on EMC's growth prospects.

Loren
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