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To: Rande Is who wrote (395)	7/17/1998 10:35:00 AM
From: RocketRanger	Respond to of 119973

Anyone watching EMC? Friday July 17, 8:48 am Eastern Time EMC Q2 results beat Wall Street expectations HOPKINTON, Mass., July 17 (Reuters) - EMC Corp. reported second quarter earnings on Tuesday that beat Wall Street's expectation of $0.33 per share by 8 percent. EMC reported net income of of $189.4 million, or $0.38 per share, in the second quarter ended on June 30, up 32 percent from net income of $128.8 million, or $0.26 per share, last year, said the maker of computer storage systems in a statement. Hopkinton, Mass.-based EMC's sales grew by 25 percent in the second quarter to $952.0 million from 713.5 million last year. The company's sales of its Symmetrix Enterprise Storage systems with Fibre Channel connectivity exceeded $170 million for the second quarter. In less than a year, the company shipped about $500 million in Symmetrix systems with Fibre Channel connectivity. The Fibre Channel allows EMC customers to increase the speed and distance available when they link servers and storage systems. Michael Ruettgers, EMC's chief executive, said in a statement he expects the Fibre Channel connectivity will ''accelerate overall demand'' for EMC's Enterprise Storage Networks. On the New York Stock Exchange, EMC closed at $48.25 on July 16.

To: Rande Is who wrote (395)	7/17/1998 10:36:00 AM
From: STEAMROLLER	Read Replies (2) \| Respond to of 119973

Broadcast.com Announces Initial Public Offering PR Newswire - July 17, 1998 09:17 DALLAS, July 17 /PRNewswire/ -- Broadcast.com inc. Friday announced an initial public offering on the Nasdaq National Market under the trading symbol BCST. Broadcast.com is selling 2.5 million shares of common stock at a price of $18 per share. The managing underwriters of the offering are Morgan Stanley & Co. Inc., Donaldson, Lufkin & Jenrette Securities Corp. and Hambrecht & Quist LLC. Broadcast.com (formerly AudioNet) is the leading aggregator and broadcaster of streaming media programming on the Web with the network infrastructure and expertise to deliver, or "stream," hundreds of live and on-demand audio and video programs over the Internet or intranets to hundreds of thousands of users. The broadcast.com Web sites offer a large and comprehensive selection of programming, including sports, talk and music radio, television, business events, full-length CDs, news, commentary and full-length audio books, serving an average of more than 400,000 unique users per day. Broadcast.com also provides Internet and intranet broadcasting services to businesses and other organizations, including turnkey production of live and archived press conferences, earnings conference calls, investor conferences, trade shows, stockholder meetings, product introductions, training sessions, distance learning telecourses and media events. A copy of the prospectus may be obtained from the offices of Morgan Stanley & Co. at 1585 Broadway, New York, N.Y. 10036, 212-761-4000; Donaldson, Lufkin & Jenrette Securities at 277 Park Ave., New York, N.Y. 10172, 212-892-3000; or Hambrecht & Quist LLC, One Bush St., San Francisco, Calif. 94104, 415-439-3300. This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.