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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (18561)	10/17/2003 11:22:27 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 57684

12:19 ET EMC EMC Corp upgraded to Buy at Legg Mason (13.26 -0.10) Legg Mason upgrades to Buy from Hold and raises their FY03-05 ests based on their belief that the probability of EMC beating expectations for coming qtrs is increasing; with most signs pointing to a rising tide for storage in the near-term and some of the competition appearing to falter, firm expects EMC to benefit disproportionately in Q4; for the longer-term, firm believes EMC is already beginning to leave its principal competition behind with its remarkably powerful push into ILM, which firm expects to result in storage share gains and software mix growth by 2005. Target is $16. byteandswitch.com