Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (29581)	4/15/1999 11:28:00 AM
From: Jeffrey D	Respond to of 70976

Gottfried/all, Justa is back in AMAT. He'll get those AMAT construction guys back to work. From another thread. Jeff To: Justa Werkenstiff (4515 ) From: Justa Werkenstiff Thursday, Apr 15 1999 11:15AM ET Reply # of 4521 FWIW, went long AMAT at $58, NVLS at $53 and KLAC prior to earnings at $45 11/16. Covered my XLK short this morning and am taking it to the bank. Fundamentals are catching up to valuations in the larger cap semi equips. I see nothing more than profit taking here. BTB next week should be strong. PC concerns are overblown with respect to these stocks. The small cap equip stocks looked strong during the sell off. ASYT looks to have bottomed and is holding real well up to this point. ASYT produces products that improve yield. KLAC, a yield company as well, posted good numbers with its report and ASYT may be following. Look for continued weakness this afternoon if the dump continues. I see a good chance of this. >>

To: Gottfried who wrote (29581)	4/15/1999 1:54:00 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

EMC getting punished, but....... Thursday April 15, 12:40 pm Eastern Time Company Press Release EMC Reiterates Positive Outlook for 1999 Extensive Customer Surveys Indicate No Anticipated Decline in Storage Spending HOPKINTON, Mass.--(BUSINESS WIRE)--April 15, 1999--EMC Corporation today announced that recent surveys of hundreds of customers indicate that enterprise storage spending will remain strong throughout 1999. The company reiterated its expectation that revenue and net income growth will exceed 30% in 1999, as organizations continue to rely on EMC's leadership enterprise storage systems and software to provide the infrastructure for their growing volumes of information. EMC continually surveys customers regarding future spending intentions and their overall satisfaction with EMC products and services. The results of the latest survey, which included more than 250 customers and was conducted during the first quarter of 1999, indicate robust demand throughout 1999. EMC Corporation, based in Hopkinton, Massachusetts, is the world's technology and market leader in the rapidly growing market for intelligent enterprise storage systems, software and services. The company's products store, retrieve, manage, protect and share information from all major computing environments, including UNIX, Windows NT and mainframe platforms. The company has offices worldwide, trades on the New York Stock Exchange under the symbol EMC, and is a component of the S&P 500 Index. For further information about EMC and its storage solutions, EMC's corporate web site can be accessed at emc.com. This release contains ''forward-looking statements'' as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) component quality and availability; (ii) delays in the development of new technology and the transition to new products; (iii) competitive factors, including but not limited to pricing pressures, in the computer storage market; (iv) the relative and varying rates of product price and component cost declines; (v) economic trends in various geographic markets and fluctuating currency exchange rates; (vi) deterioration or termination of the agreements with certain of the Company's OEMs or resellers; (vii) the uneven pattern of quarterly sales; (viii) risks associated with acquisitions; (ix) Year 2000 issues; and (x) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. -------------------------------------------------------------------------------- biz.yahoo.com