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: Educator who wrote (12113)	2/12/2001 1:58:19 AM
From: Gus	Respond to of 17183

You're welcome. I was invested in EMC in 1999 for a short time. I grabbed a handsome profit and moved on. I have always had the stock on my radar screen. I decided to jump in this last week sighting weakness and nearing a 52-week low. I have a position in my wife's 401k and now in my trading account. I know what a great company EMC is, and how dominant they are in their field. Good for you! Aside from being a sound investment, EMC is also one of the best places to use to scope out how all types of companies are using information to gain an edge over the competition. I recall reading in the trades a few years ago that EMC reached the petabyte milestone internally sometime in 1998. Not surprisingly, it is the first storage company to report the first customer to reach the petabyte milestone (4Q2000) with several more customers expected to reach that milestone this year. One interesting idea to follow is that these large data centers are moving tape deeper into an archiving role and aggressively using data replication and triple mirroring over increasingly cheaper telecom lines to streamline their global data management infrastructure. EMC's SRDF is the only data replication product that can create multiple real-time copies in different places simultaneously around the world across any network protocol. Do you care to predict the coming week with EMC? Do you see it losing more ground if the techs continue sliding? Analysts have been quiet recently. I would like to see some reiterations of buy or strong buy. No, thanks.<g> There's a whole slew of technology conferences in the next few weeks that will either make the markets more volatile or provide a more realistic picture of the business environment worldwide. emc.com Fed Chairman also speaks on Tuesday.

To: Educator who wrote (12113)	2/12/2001 2:29:48 AM
From: Gus	Read Replies (1) \| Respond to of 17183

Let's keep track of this. Dell is waging a price war in PCs and servers so that could be a factor in this warning because Dell always ends up grabbing sizable chunks of market share from the notorious channel-stuffer, Com-pork. Compaq, however, has a fast growing storage software business ($200M) and it ended 2000 with an install rate of 1,000 mid-range SANs a quarter (70% through its reseller channel), which it wants to increase to 2,000 SANs a quarter. Compaq also has a color-coordinated storage alliance with IBM called, "Friendly fire never hurt so good." <g> .......The head of the U.S. computer giant Compaq Computer Corp. predicted a slowdown in sales growth to just under 5 percent in the first half of 2001 from 10 percent in 2000, a German magazine reported. Michael Capellas told German news magazine Der Spiegel in an interview to be published on Monday that Compaq would see sales stagnate at zero growth in the first quarter followed by a pickup in the course of the year. "In 2000 Compaq had sales growth of 10 percent. By contrast in the first half of the new year it should only be almost half that," Capellas was quoted as saying....