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: Joseph Ziebarth who wrote (13816)	2/10/2002 9:53:06 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 17183

Just for clarification, EMC's all-time high was about $105 on a split-adjusted basis(104.9375 in Sept 2000), not $145.

To: Joseph Ziebarth who wrote (13816)	2/11/2002 5:15:13 AM
From: Gus	Respond to of 17183

Do you have access to Janus and Fidelity holding data? No. My sense is that once the funds finally get over their accounting-related jitters, they'll probably scrutinize more closely the quality of revenues, earnings and cash flow of technology companies, which tend to be asset-light to begin with so the process will always be arguable. The technology lobby has already adjusted their defenses against the powerful opponents of the accounting treatment of stock options used to compensate employees, but somehow my sense is that those technology companies like EMC that do not depend too heavily on that controversial mechanism for increasing cash flow will eventually do well once the economy recovers and once the market overcomes its skepticism of the leverage in their business models. EMC Corporation 1995-2001 Cash & Marketable Tax Benefit from Year Securities* Stock Options Headcount 1995 $ 505M $ 11.2M 4,100 1996 842M 17.7M 4,800 1997 1.7B 18.5M 6,400 1998 2.4B 43.7M 9,700 1999 3.2B 58.0M 17,700 2000 4.9B 207.7M 24,100 2001 ~5.1B - - *Cash+Short-term Investments+Long-term Investments