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

To: JDN who wrote (3525)	1/5/1999 9:28:00 AM
From: SJS	Read Replies (1) \| Respond to of 17183

STK warned this morning... ______ 09:09 ET Storage Technology Corp. (STK) 34 7/16: Designer and manufacturer of information storage and network product solutions is warning that Q4 earnings to be in the range of $0.50 to $0.55 a share, below the First Call mean estimate of $0.73 a share. This could mean that EMC's market share will continue to increase. I don't expect any earnings shortfall from them, though.

To: JDN who wrote (3525)	1/5/1999 9:33:00 AM
From: Loren	Read Replies (1) \| Respond to of 17183

JDN/all - Yes, sports fans, I DO know how to post EMC-related messages also. :-) What do you think EMC's EPS growth rate will be over the next 2 years? Right now it is about 30% (just a touch higher than CSCO), and VERY predictable. To be a high flyer price-wise longterm, I think it will have to accelerate its earnings, because it is already trading at a P/E in the mid-60's. I am HOPING for one 'double' ahead of its time, due to rising P/E (investor exuberance)... I'm not sure I can expect another soon after that. I'm interested in your (and other's) thoughts on EMC's growth prospects. Loren