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

To: Ted The Technician who wrote (5462)	4/15/1999 1:58:00 PM
From: Tony Viola	Respond to of 17183

Ted, 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. Got to believe that net income growth will be well in excess of the "exceed 30%" EMC quotes. They have to cover themselves for worst case contingencies, so the number they put out must be way down at the low end. Storage sales this year are awesome. I heard a one year number today of 70 Petabytes, which is equal to 70,000 Terabytes, which is also equal to 70,000,000 Gigabytes, 70,000,000,000 Megabytes, if you really want to get crazy. In fact, the 70 Petabytes may "only" be for open storage (no mainframe). I'm holding EMC. Tony