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


To: SDR-SI who wrote (3839)1/15/1999 5:48:00 PM
From: John Carragher  Read Replies (1) | Respond to of 17183
 
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Feb Worth mag. has Lynch interview seven experienced money managers and suggested picks for 1999.

Fred Kobrick picks EMC ...Emc is the funds largest holding.

quote...As for the future, management has a nice little Rule of 35. The game plan is to operate at a 35% annual growth rate Within its 35% market share and bring in an annual 35 billion by the year 2001. The year 2000 problem has turned out to be a boon for EMC., because companies are feeling increasing urgency about backing up and protecting computer systems. With mounds of free cash and very high profit margins, EMC is my largest holding and represents a terrific growth vehicle for the millennium.

Table is as of 11/30/98 showing price of $72.50 amazing..... John