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


To: Another John who wrote (7384)8/9/1999 5:38:00 PM
From: VFD  Read Replies (1) | Respond to of 17183
 
<We continue to like EMC shares as this is a long term strategic positive for EMC. One issue in the short term is the server business and whether EMC can maintain 30% revenue growth with drag from server business.(S. Milunovich)<

The thing that worries me is Milunovich's concern with the 30+ growth rate even if it is short term.
Didn't EMC reassure in last week's meeting that the growth rate would be 35%?
I find it hard to believe that they had not already made a decision to buy DGN by the time the meeting took place.
I have been holding on to my EMC shares based on the 30+ growth assumption. Hopefully management will clarify that for us soon.