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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Haegin who wrote (7301)8/2/1999 7:40:00 PM
From: bob gauthier  Read Replies (2) | Respond to of 17183
 
Great article in this week's InformationWeek magazine, page 118 -
"EMC Logs Record 2Q Net Income
Storage Vendor EMC Corp set a record for its second-quarter net income which was up 52% from the second quarter of 1998..
Velocity in the dot-com space is like nothing we have ever seen...
Excite's use of EMC storage went from 0 to 30 terabytes in less than 18 months, it took Citibank six years to get up to 75 terabytes...
Revenue from Fibre Channel storage systems reached nearly $380 million in the second quarter...
EMC's sales of storage software soared 83% to $179 million..."

I know this is old news to thread followers but this is a high profile magazine read by many top IT professionals and investors. The story was highlighted and back colored for additional effect.
Sorry about any typos...
Bob Gauthier