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

To: JRI who wrote (9919)	4/19/2000 7:48:00 AM
From: GVTucker	Read Replies (2) \| Respond to of 17183

JRI, RE: I am amazed that Lou's credibility on the Street is so high. Everything's relative. Compare where IBM is now and where IBM was pre-Gerstner.

To: JRI who wrote (9919)	4/19/2000 7:06:00 PM
From: UPTICK	Read Replies (1) \| Respond to of 17183

(MTIC) would be the company that either IBM or EMC would BUY. MTI Technology Corporation is an international provider of high-performance data storage solutions for the Open Systems market. MTI designs, manufactures, sells and services a fully integrated hierarchy of data storage solutions including fault tolerant RAID disk arrays, solid state disk systems, tape libraries and storage management software. In addition, the Company provides a full line of customer services and support offerings. The Company's integrated solutions are compatible with most Open System computing platforms, including those of Sun Microsystems, Hewlett Packard ("HP"), Silicon Graphics, IBM and Digital Equipment ("DEC"), and Linux-based computing systems. Effective February 9, 1996, the Company entered into an agreement with EMC,whereby the Company sold to EMC substantially all of the Company's existing patents, patent applications and rights thereof. The consideration the Company will receive for these rights includes $30.0 million to be received in six equal annual installments of $5.0 million each, the first five of which were paid timely. The remaining payment is due January 2001. The Company will also receive royalty payments in the aggregate of up to a maximum of $30.0 million over the term of the agreement. As part of the maximum $30.0 million of royalties,minimum royalties of $10.0 million will be received in five annual installments, beginning within thirty days of the first anniversary of the effective date of the agreement, and within thirty days of each subsequent anniversary thereof. The first three annual installments were received in March 1997, March 1998 and March 1999. Also, as part of the maximum $30.0 million of royalties, $10.0 million of royalties will be received in five equal annual installments beginning March 2000 as a result of the computer and technology agreement between EMC and IBM announced in March 1999. MTIC, is the winner.....look IBM bought MYLX....MTIC has a stronger balance sheet, and product line, as well as huge potential with the relationship with Caldera. So if the buy is going to happen...I can see it real soon.