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

To: JDN who wrote (9758)	4/2/2000 8:15:00 AM
From: John Carragher	Respond to of 17183

I got the same feeling from the article.

To: JDN who wrote (9758)	4/2/2000 10:39:00 AM
From: John Carragher	Respond to of 17183

EMC in group to unveil Internet pact By Bloomberg News, 4/2/2000 MC Corp., the number one maker of data storage systems for corporate computers, said it will announce tomorrow an alliance with Oracle Corp. and Cisco Systems Inc. for Internet computing. The venture extends an alliance EMC made in October with Oracle, the world's largest database software maker, that formed a development center for their electronic commerce products, the company said. EMC declined to give more details. Cisco is the largest maker of computer networking equipment such as switches, routers and software that sends information through the Web. The growth of Internet commerce is driving revenue gains at all three companies. Analyst David Bailey of Gerard Klauer Mattison & Co. speculated the alliance might involve the development of ways for computer networks to transfer data over the Web other than using expensive, dedicated lines. Shares of EMC, based in Hopkinton, fell $4.625 to $125.25. San Jose, Calif.-based Cisco rose $3.6875 to $77.3125. Oracle, based in Redwood City, Calif., fell 37.5 cents to $78.0625. This story ran on page K09 of the Boston Globe on 4/2/2000. ¸ Copyright 2000 Globe Newspaper Company.