Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 157.75

+0.4%

Nov 14 3:59 PM EST

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To: Mark Oliver who wrote (6218)	5/5/1999 9:16:00 AM
From: Sam	Read Replies (1) of 9256

On EMC, HP, Hitachi, EMC's response: Message 9322409 EMC is one confident company. The word "cocky" doesn't even begin to do it justice. An excerpt: <<At this point, the reseller agreement with HP is still in place. EMC will simply plan on taking more business directly. We have built the field force substantially over the past year in order to execute such a plan. Over the past year, EMC's SG&A has increased from 18.5% to 19.9%. At the same time our gross margin has increased 520 basis points, from 48.0% to 53.2%. We have the infrastructure in place to get the business directly if need be and we have the most important ingredients for success in the sophisticated market for high end storage.>>

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