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

To: ratan lal who wrote (13213)	9/19/2001 2:28:39 PM
From: JDN	Respond to of 17183

Dear ratan lal: As does the entire market. EMC is not immune to this nor is any other company. jdn

To: ratan lal who wrote (13213)	9/20/2001 12:46:26 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 17183

EMC Acquires Luminate Software HOPKINTON, Mass.--(BUSINESS WIRE)--Sept. 20, 2001--EMC Corporation (NYSE:EMC - news) today announced it has acquired Luminate Software Corporation, a privately held software company based in Redwood City, California, in a cash transaction valued at approximately $50 million. Luminate develops performance monitoring software for storage-intensive applications and operating environments. Luminate is the seventh software acquisition EMC has made in the last 20 months. About EMC EMC Corporation is the world leader in information storage systems, software, networks and services, providing the information infrastructure for a connected world. Information about EMC's products and services can be found at www.EMC.com. EMC is a registered trademark and Luminate is a trademark of EMC Corporation. Other trademarks are the property of their respective owners. This release contains ``forward-looking statements'' as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in economic conditions in various geographic markets and fluctuating currency exchange rates; (ii) an unexpected decline in the revenue growth rate without a corresponding decline in costs; (iii) competitive factors, including but not limited to pricing pressures, in the computer storage and server markets; (iv) component quality and availability; (v) rapid technological and market change and the transition to new products; (vi) the relative and varying rates of product price and component cost declines; (vii) the ability to attract and retain highly qualified employees; (viii) the uneven pattern of quarterly sales; (ix) risks associated with strategic investments and acquisitions; (x) the Company's ability to execute on its plans; and (xi) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission.