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

To: Jerryco who wrote (5415)4/15/1999 10:29:00 AM
From: Tony Viola  Respond to of 17183
 
Minus 14 1/16. Recent publicly visible Ruettgers, can you do a Lew Platt and tell us how things are?

Tony



To: Jerryco who wrote (5415)4/15/1999 10:29:00 AM
From: mauser96  Read Replies (3) | Respond to of 17183
 
Yes. STK reported lower sales of it's high end high profit tape storage products. This can be taken 2 ways - the whole tape storage market is off, or that others (EMC?) are taking market share. The latter seems far more likely to me. If it drops enough I will add to my EMC.



To: Jerryco who wrote (5415)4/15/1999 10:29:00 AM
From: Tony Viola  Read Replies (1) | Respond to of 17183
 
Minus 14 1/16. Recently more visible to the investment community Mike Ruettgers, can you do a Lew Platt and tell us how things are?

Tony



To: Jerryco who wrote (5415)4/15/1999 10:30:00 AM
From: Simon  Respond to of 17183
 
I missed part of what Maria said, but something to the effect that Storage Tech had warned or had bad number and it spilled over onto EMC. The whole situation stinks right now. Dow up 63 and Naz down 63.
Like yesterday, Dow up 110 for a while and S&P down 2.
I can't believe EMC would be trying to split the stock knowing they have bad earnings to report.


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