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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (80707)	1/26/2000 8:43:00 PM
From: puborectalis	Respond to of 120523

EMC Reports Healthy Quarter, Year By Joseph F. Kovar, Computer Reseller News Hopkinton, Mass 7:58 PM EST Wed., Jan. 26, 2000 EMC Corp. sales rose to $1.9 billion in the fourth quarter, up 21 percent from the prior-year period, rounding out a stellar year for the enterprise storage vendor. EMC, based here, earned $377 million for the quarter, up 38 percent from last year. Earnings per share, excluding costs related to its October acquisition of Data General Corp., jumped to 34 cents for the quarter, up from 25 cents per share a year ago. With the acquisition costs, earnings per share were 19 cents. Analysts had been expecting earnings per share of 31 cents, according to First Call. For the year ended Dec. 31, EMC reported revenue of $6.7 billion, up 24 percent from pro forma sales the prior year, adjusted to include Data General's prior-year revenue. Income for the year reached $1.2 billion, about 50 percent over pro forma earnings the prior year. Earnings per share were $1.07 for the year, compared with 73 cents a year earlier. EMC has been busy on the acquisition front since closing the Data General deal. In January, EMC executives said the company would pay $50 million for privately held storage vendor Terascape Software Inc., Needham, Mass. In addition, a month earlier, EMC agreed to pay $192 million in cash for Softworks Inc., a global provider of enterprise data, storage and performance management software. CRN

To: Jenna who wrote (80707)	1/26/2000 10:40:00 PM
From: Yak-attack	Read Replies (1) \| Respond to of 120523

your a 100% right, I have been saying this for months, the true scum in Wall St. are the instituions. As bad as the Tokyojoe's etc.. are institions are 10000000000 times worse.

To: Jenna who wrote (80707)	1/26/2000 10:43:00 PM
From: bobby is sleepless in seattle	Respond to of 120523

you betcha Jenna! makes one think...just a couple years ago, we saw downward revisions one after another relative to the Asian demise, only to see these estimates as the new benchmarks for performance measures...the company's now are kickin ass...! well, duhhh! given the lowered estimates. how about the IPO market? Who was it that posted an article about the contradiction in the establised ipo price, upgrade targets... look at Korea. Lehman comes out with this huge upgrade price target of 130+ a share, and beats the price down all day so they can unload their shares??? or they just working the market price so LEHM can go home flat each day? Or? And what was the original IPO price? what the hell were they doing in the first place with the price of KOREA being so distant from this NEAR TERM target price of 130 or so! yea, I know, it's their opinion only, the market dictates... QCOM target price $1000...Were the downgrades issued by the same firms who established these price targets...doesn't matter, they're just a phone call away from each other, so they can make sure their kids make it to the chosen universities., you know, scratch your back kind a thing. And SBUX, heck, the hypocrite that I am benefited from today's upgrades cuz some schmucks decided they had a blowout quarter relative to a downgraded earnings estimates. Well lucky me. I think we can come up with one example after another with the tremendous inconsistencies that permeate this system. Let's just continue to move the probabilities slightly in our favor and maybe be fortunate enough to have more winning trades than losers. What the hey, maybe i just don't get it or I REALLY just don't get it.