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


To: JDN who wrote (12502)3/19/2001 7:03:19 PM
From: Donaldm  Read Replies (1) | Respond to of 17183
 
Seems to me they mentioned they were going to do this some time back. I have just forgotten why. JDN

The Eagans have been selling this time of the year for quite a long time. In fact, with all the splits, their market share of EMC is still quite high. Maybe they want to buy an island, football team, stadium etc. or something.

Donald



To: JDN who wrote (12502)3/20/2001 4:06:34 AM
From: Gus  Read Replies (1) | Respond to of 17183
 
Blind trust? Estate Planning? EMC's Chairman Emeritus is now facing confirmation as the next U.S. Ambassador to Ireland.

Richard J. Egan
Founder and Chairman Emeritus
EMC Corporation


Richard Egan co-founded EMC Corporation in 1979 and has served as a Director since the company's inception. In 1986, Egan led the management team that took the company public and was elected Chairman of the Board in 1988. Egan held the position of Chief Executive Officer until January 1992. He was named Founder and Chairman Emeritus on January 17, 2001.

After serving in the U.S. Marine Corps during the Korean Conflict, Egan entered Northeastern University where he received his BSEE in 1961. Egan began his professional career in 1961 in Honeywell's Data Processing Division as a Design Engineer specializing in computer storage systems. In 1963 he began graduate work at MIT and joined MIT's Draper Laboratory as part of the team that developed the Apollo Guidance Computer where he designed the Apollo Mission Computer's Memory Systems, which enabled a successful post-moon link up and guided the Apollo's return to earth.

Career developments include three years with Lockheed Electronics Company, a division of Lockheed Aircraft, initially as a Field Sales Manager in New England, rising to Marketing Manager of the Division in California. Egan returned to the Boston area to co-found Cambridge Memories, Inc. Seven years later, he joined Intel Corp. at the invitation of Dr. Robert Noyce, to become General Manager of Intel's Commercial Systems Division. After bringing this division from a loss to the company's most profitable within three years, he returned to the East Coast to start EMC Corporation with college roommate Roger Marino.

emc.com

EMC co-founder tapped for Emerald Isle post
news.cnet.com