EMC How high can it go? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JDN who wrote (5850)	4/20/1999 2:24:00 PM
From: VFD	Read Replies (2) of 17183

Tuesday April 20, 10:43 am Eastern Time Note: this article has a followup with more information. EMC margins boosted by surging software sales HOPKINTON, Mass., April 20 (Reuters) - Leading computer storage system maker EMC Corp. (EMC - news) said Tuesday that better-than-expected software sales boosted gross margins to 53 percent in the first quarter from 48 percent a year earlier. Michael Ruettgers, president and chief executive, said in a conference call that software sales rose 130 percent in the quarter, to $155 million from $66 million a year earlier. (Note: this article is ''in progress''; there will likely be an update soon.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next