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

To: JDN who wrote (11866)	1/15/2001 6:13:19 AM
From: Allegoria	Read Replies (1) \| Respond to of 17183

Dear JDN: Yes we have heard that comment about MR a countless number of times. "We live in the graveyard of the complacent," Mr. Ruettgers said, noting that his commute from his home north of Boston takes him past offices once occupied by now departed industry leaders like Wang, Digital Equipment, Prime Computer and Data General. How things develop depends on evolving network equipment and software as much as on the storage devices themselves. "In areas where the landscape isn't as clear as we'd like, we're placing multiple bets," said Frank Houck, EMC's executive vice president for products and offerings. Big bets, too, judging from EMC's vow to invest $2.5 billion over the next two years in research and development, more than 75 percent of it in software. Regards, Eric