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

To: SJS who wrote (6496)	5/23/1999 7:42:00 AM
From: John Carragher	Read Replies (2) \| Respond to of 17183

article of interest in today's boston globe Comings and goings High-tech delivers, high-tech takes away. Westborough-based Data General Corp., seeking a bigger slice of the computer storage market, has vowed to spend about $100 million to add more than 450 people, including 100 in Massachusetts. In boosting sales and tech services for its disk storage division, Data General hopes to build a heftier arsenal to take on archrival EMC Corp. of Hopkinton, the leading supplier of disk storage systems. But as Data bulks up, Compaq Computer is slimming down. The Texas buyer of Digital Equipment is closing its manufacturing plant in Salem, N.H., tossing most of its 900 employees out of work. The plant, which had been used by Digital for its powerful Alpha chip, was not expected to be targeted as part of the massive layoffs resulting from the two firms' consolidation. But a cost review determined it would be cheaper to shift the production to Texas and California. The manufacturing plant was Compaq's last in New England.