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


To: Proud_Infidel who wrote (13264)10/1/2001 4:48:51 PM
From: charlief  Read Replies (1) | Respond to of 17183
 
ROBERT X. CRINGELY(R): "Notes from the Field" InfoWorld.com...

October 1, 2001

The ultimate bailout?

I'm a big fan of merger rumors. According to one
of my spies, the latest talk in the corridors at
EMC is of a buyout by IBM. EMC is in the process
of joining the pink-slip brigade, and joining IBM
would certainly alleviate any short-term worries
-- but of course it all remains to be seen.

"[Such a deal] would leave IBM and HP to
basically fight it out with all sectors of their
businesses," my spy mused.

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Buy on rumor? What a whopper!