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: John Carragher who wrote (6497)	5/23/1999 10:13:00 AM
From: bob gauthier	Read Replies (2) of 17183

The Motley Fool The Salt Lake Tribune (and probably lots of other papers) has a section in the Sunday newspaper published by the Motley Fool. In this weeks section under "The Fool Take" is an article on EMC called "Storing Huge Growth". Portions read - "Research firm International Data Corp. projects that the storage market (as measured in capacity shipped) will grow at a compound annual rate of 86 percent between 1998 and 2002." "its revenues grew from 1.4 billion in 1994 to 4 billion in 1998 (EMC). Profits during that same period more than tripled from 251 million to 793 million. That growth does not appear to be an aberation with the company targeting 10 billion in revenues by the year 2001." "While the company's stock is not undiscovered, its industry appears to be just beginning a period of phenomenal growth." Old news all but publicity like this doesn't hurt. The Motley Fool has a large following. Sorry about the typing errors, too early on a Sunday morning. Bob Gauthier

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