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

To: SDR-SI who wrote (6499)	5/23/1999 11:17:00 AM
From: Tony Viola	Read Replies (1) \| Respond to of 17183

Steve, "Research firm International Data Corp. projects that the storage market (as measured in capacity shipped) will grow at a compound annual rate of 86 percent between 1998 and 2002." The keyword is capacity. Cost per gigabyte, or however measured, comes down probably in a close approximation of Moore's Law. Double the capacity in 18 months, quadruple it in 3 years. EMC's predictions are in terms of dollars of revenue. Too early of a Sunday to do the rest of the math, but there is no doubt in my mind that EMC is fine. Tony