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

To: Tony Viola who wrote (8906)	1/26/2000 10:00:00 AM
From: JDN	Read Replies (1) \| Respond to of 17183

Dear Tony: Remember, Data General was recorded as a Pooling of Interest NOT a purchase. That means they have to restate previous years and include Data General in the Base both years. I bet if you pulled out DG revenue you would find you like this a lot more. JDN

To: Tony Viola who wrote (8906)	1/26/2000 10:22:00 AM
From: Nathan L.	Respond to of 17183

Those numbers are due to the pooling method used in the DGN purchase. EMC still maintains its strong growth. For Q4 Storage revenues +27% yoy Software rev. +71% yoy Connectrix (SAN) rev. +44% sequentially Celera (NAS) rev. +40% sequentially Ruettgers explains in the report: "...The overall growth of our storage business was affected by the integration of CLARiiON midrange storage products into our worldwide distribution model, as Data General's traditional reliance on OEM sales for CLARiiON was shifted to EMC's more balanced model of direct and indirect sales." Also in the report: EMC's acquisition of Data General Corporation was accounted for as a pooling of interests. Accordingly, all prior periods have been restated in accordance with GAAP to reflect Data General's historical results as if the acquisition had occurred at the beginning of the earliest period presented.