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: Daflye who wrote (4218)	2/4/1999 3:20:00 PM
From: Ruffian	Read Replies (1) of 17183

Hi guys(and Gals) Just bought EMC will be posting> Sales at EMC Corp. will more than double from 1998 as companies increasingly store the data that runs their businesses, according to Mike Ruettgers, EMC's chief executive. He told money managers at the NationsBanc Montgomery Securities tech conference that "we are on the road to becoming a $10 billion company." The company (EMC) booked about $4 billion in sales last year. At the San Francisco conference, Ruettgers said the data storage market will more than double to $35 billion by 2001. He said he sees compound annual growth for his company will be at least 36 percent through 2001.

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