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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: Bridge Player who wrote (5036)3/22/1999 5:11:00 PM
From: FACTUAL  Read Replies (2) of 17183
 
Thw world economy is about thirty trillion dollars. If it grows at 4% it will be sixty trillion dollars in eighteen years. It is expected that about 2% of world GNP will be IT infrastructure or about 1.2 trillion dollars. Of that seven percent is enterprise storage and give EMC a fifty percent marketshare or so and EMCs revenues will be 42 billion dollars. If they keep the current operating margin percent and deflate PE by 50% the stock will be at $840 dollars or so in 2017. If the PE does not deflate it will be at $1680. You could alternatively day trade the stock.
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