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

To: Ibexx who wrote (5460)	4/15/1999 1:18:00 PM
From: R. Ramesh	Read Replies (1) \| Respond to of 17183

Since I did not see these posted biz.yahoo.com biz.yahoo.com I guess EMC shows that it cares and wants avoid panic reaction to downgrade. JIMO Ramesh

To: Ibexx who wrote (5460)	4/15/1999 1:18:00 PM
From: Ted The Technician	Read Replies (1) \| Respond to of 17183

EMC Reiterates Positive Outlook for 1999 Thursday April 15, 12:40 pm Eastern Time Company Press Release 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. Contact: EMC Corporation Mark Fredrickson 508-435-1000 x77137 fredrickson_mark@emc.com

To: Ibexx who wrote (5460)	4/15/1999 1:21:00 PM
From: stock bull	Read Replies (1) \| Respond to of 17183

Ibexx & ALL: Hot news...right of the wire: COMPANY NEWS Back EMC Reiterates Positive Outlook for 1999; Extensive Customer Surveys Indicate No Anticipated Decline in Storage Spending BusinessWire, Thursday, April 15, 1999 at 12:57 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. CONTACT: EMC Corporation Mark Fredrickson 508-435-1000 x77137 fredrickson_mark@emc.com KEYWORD: MASSACHUSETTS INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS Stock Bull