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


To: Steve Hufnagle who wrote (5877)4/20/1999 9:37:00 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 17183
 
Briefing.Com 21 April 1999

EMC Corp. (EMC 102 1/8 +11/16) edged higher after reporting gain of $0.41, one cent above
estimates... Company earned $0.28 in the year ago period... Revenues jumped 36.5%... Company
also noted that it sees no slowdown in business... In light of good numbers, reassuring comments
and earnings upgrade by CS First Boston (FY99 to $2.00 from $1.95), stock's puny gain not that
encouraging... Suggests that we could see a little more backing and filling before stock resumes its
upward momentum.