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To: jhg_in_kc who wrote (1083)	3/1/1999 1:51:00 PM
From: jhg_in_kc	Respond to of 4691

EMC FINAL POST At a news conference to be held in New York on Monday, the company is expected to say that the new products will increase EMC's target to $60 billion by 2002, up from previously-stated goals of $35 billion. EMC spokesman Mark Frederickson said the new products put the company well on the road to its goal of seeing $10 billion in revenues in 2001. ''It increases our target market to as large as $50 billion by 2002,'' he said. EMC said it will offer new fibre channel network storage and switching equipment that allows multiple storage systems to be connected together. Such systems will give companies an enterprise-wide view of all of the data stored on its computer systems rather than just centrally stored information. ''EMC is delivering a level of storage network solutions today that's at least a generation beyond what other vendors are even talking about,'' Michael Ruettgers, EMC president and chief executive, said in the statement announcing the new products. Frederickson said EMC's advanced software for knitting together large scale computer storage systems gives it a two to three ''or maybe even four year lead'' over competitors' products.