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


To: Fred Levine who wrote (13896)3/6/2002 8:19:12 AM
From: jad  Respond to of 17183
 
I'm not selling here either Fred, but we have to endur yet another CUT:

EMC Corp estimates cut by JP Morgan (EMC) 11.55: JP Morgan remains cautious on EMC and lowers estimates in the wake of MCDT's announcement last night of weakness in high-end storage; cuts Q1 rev/EPS ests to $1.37 bln/($0.05) from $1.43 bln/($0.04) and lowers CY02 ests to $6.3 bln/($0.02) from $6.5 bln/$0.01; maintains Long-Term Buy rating. Firm also cuts Q1 ests for MCDT and INRG. from briefing