Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JDN who wrote (9345)	3/2/2000 11:10:00 AM
From: BI*RI	Respond to of 17183

Thursday March 2, 10:38 am Eastern Time RESEARCH ALERT - Warburg starts EMC NEW YORK, March 2 (Reuters) - Warburg Dillon Read said it started coverage of data storage equipment maker EMC Corp. with a buy rating and a price target of $140 a share. -- Analyst Charlie Wolf said, ``Through its singular focus on storage, we believe EMC has built up a virtually unassailable position in the system storage market.' -- Said the one risk is the industry movement to standardize storage area networks. ``If the effort were successful, it could lead to the commoditization of EMC's hardware and falling margins,' he said. ``But we believe the chances of a true standard emerging are next to none.' -- Estimated 2000 earnings at $1.45 a share and 2001 earnings at $1.90 a share.