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Technology Stocks : EMC -- Ignore unavailable to you. Want to Upgrade?

To: VFD who wrote (303)	1/25/2006 11:29:15 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 368

EMC Seen As 'Well-Positioned' For 2006 Kate DuBose Tomassi, 01.25.06, 10:53 AM ET RBC Capital Markets analyst Thomas Curlin reiterated an “outperform” rating and target price of $16 on EMC (nyse: EMC - news - people ) after the company reported earnings for the fourth quarter of 2005 on Tuesday. “A refreshed high-end platform, ever-expanding software portfolio and complimentary services offerings leave EMC well positioned to continue to execute on its ILM [information lifecycle management] strategy,” the analyst said in a report Wednesday. For the fourth quarter and full year of 2005, EMC reported earnings of 17 cents and 53 cents per share on revenue of $2.7 billion and $9.7 billion, respectively. EMC management cited “solid product momentum and a well positioned software portfolio." The company guided first-quarter earnings to 14 cents per share on revenue between $2.57 billion and $2.59 billion. It guided full-year 2006 earnings to a range of 63 cents to 66 cents per share on revenue between $11.1 billion to $11.3 billion. “Selling out of the newly released DMX-3 in the fourth quarter, EMC exceeded sales expectations and built a healthy backlog heading into the first quarter of 2006,” Curlin said. "Meanwhile, the forthcoming announcement of a low-end DMX family as well as extensions to the high-end systems bode well for continued near-term performance within this business."

To: VFD who wrote (303)	1/26/2006 7:03:58 PM
From: meveric	Read Replies (1) \| Respond to of 368

As much as I hate to admit it you have been right all along. When you mentioned a few months ago about the lack of trust I for the most part ignored it. I thought you were just being hostile - do not take it the wrong way - towards management but after being confirmed more or less by this analyst it is troublesome. Investors after all drive the price up or down. If they do not have much trust in management we are in for a long wait. I guess the after earnings rally is over and it is back to watching this stock stuck in the doldrums. I did expect a better rally than this.