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


To: Jacob Snyder who wrote (12515)3/24/2001 9:37:32 AM
From: jad  Read Replies (1) | Respond to of 17183
 
EMC, the market leader in data storage, rounds out our retirement 10. The company's earnings have grown 32% over the last 12 months, and EMC is likely to prosper well into the future, given our increasing reliance on digital information. EMC has been hit hard by the latest selloff in tech, falling from 80 to 34 in just the past eight weeks. But, as Bob Turner says, "Storage demand is doubling every year, and Internet [usage] is accelerating." Sounds to us like an encouraging long-term forecast.

from Barrons