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

To: prgraphics who wrote (6483)5/21/1999 5:45:00 PM
From: James  Read Replies (2) | Respond to of 17183
 
prgraphics,

'Why would EMC want to acquire STK? What do they have to offer?'

$2+ billion in revenue, plus an installed base in which to sell software &/or hardware to. STK does not compete directly with EMC, so it would be a relatively cheap way to add to its product line w/o the start-up costs.

STK at $50 / share doesn't make any sense, but STK at $20 is very compelling.

James


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