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: William F. Wager, Jr. who wrote (4524)	2/25/1999 9:48:00 AM
From: JDN	Read Replies (1) of 17183

Dear Bill: Last year, sales of software more than doubled to $445 million. EMC predicts software will grow another 50% this year. "They have gone from nothing to the dominant share, and they're going to keep on growing," says Mr. Helmig. EMC, he adds, "is owning more and more of the market, and we aren't seeing competition exactly coming on." OK, I guess this is your answer to my question. With growth like that in the highly lucrative portion of their business we should see a large expansion in earnings. First from higher gross margins and second from lower %age G & A. Ought to be a really good year shaping up. JDN

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