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: Donald B. Fuller who wrote (5743)	4/19/1999 9:18:00 PM
From: Gary	Read Replies (1) of 17183

Here is an updated look at what MSFT & EMC may have to offer tomorrow and a comment that could partially account for our nervous stock. omputer and Software Analysts are fairly optimistic about Microsoft's (MSFT) earnings as well, especially after the previous quarter's blockbuster surprise. However, the analysts are concerned about the upcoming quarters because of the Year 2000. The analysts will be looking for signs of a slowdown and will be watching revenues more than earnings. The analysts basically expect revenues to be around $4.3 billion. For earnings, the consensus estimate is $0.32 and our whisper number is $0.35. The top estimate is $0.37 and the low is $0.28; however, there are even a few that believe earnings will be closer to $0.40. You may listen to Microsoft's conference call at webevents.broadcast.com or (800) 568-6364 with the passcode of 1017 beginning at 5:30 PM EST. Analysts are mixed about EMC's (EMC) results for the quarter, but overall are fairly bullish. EMC's estimates have been lowered during the quarter, with the current consensus being $0.39. Our whisper number is $0.40, with some whispering $0.41. However, there have also been whispers of $0.39 for the quarter. Long-term, the analysts feel EMC will outperform, and the stock is currently $50 below most target prices. Salomon Smith Barney was the latest to set a target price of $150 for the company, when they reiterated a "Buy" rating on Monday. You may listen to EMC's conference call at (703) 925-2435 with the passcode 1418725.

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