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

To: jhg_in_kc who wrote (7421)	8/10/1999 11:59:00 PM
From: JRI	Read Replies (2) \| Respond to of 17183

Thanks for your post...nice details..I concur...EMC: PE low 60's...EPS growth next 2-3 yrs: 50% (maybe 50%+).. Relative to other tech stocks, S & P 500..at 53/54, an incredible value for an emerging gorilla

To: jhg_in_kc who wrote (7421)	8/11/1999 7:19:00 AM
From: John Carragher	Respond to of 17183

Here's some excerpts of ny times article The acquisition allows EMC to broaden its market much more rapidly than it could by developing its own line of midsize storage devices, Michael C. Ruettgers, EMC's president and chief executive, said in a telephone interview. "They've been selling Clariion for some time now, so it is a fairly well-known product in the marketplace," he said. "The reason it hasn't been more successful is it never had all the software to make it more useful. We have that software. And, more importantly, we have the largest direct-selling storage sales force in the world and the best storage service organization in the world." Ruettgers said the pooling-of-interests structure of the acquisition made it impossible to spin off the server business for the next two years. But he added that EMC was interested in applying Aviion's NUMA technology, a method for having multiple processors use a common supply of memory, in its storage management products. "The only other company that had that technology was Sequent, which was just acquired by I.B.M.," he said. Porter of Disk Trend said that Data General had been a pioneer in moving its product line from storage devices that send and receive computer data over the small computer systems interface, or SCSI (pronounced SKUZ-ee) channel, to a faster technology called fiber channel. But the company may have moved faster than its market, causing its storage sales to flatten in the last two years. "They moved away from SCSI a little ahead of the pack, and this bold gamble did not pay off because they got there too early," Porter said. "But now, fiber channel is becoming a major part of the high-end market."