EMC is the emerging "golden boy" of the market. It can't lose. P/E's don't apply to EMC. It marches to its own drummer. Besides with the way EMC is growing a high P/E won't matter. You can deny it all you want. EMC has run every doomsday predictor off these boards.
Bottom line: look at EMC, then look at INTC, DELL, AMAT, IBM, MSFT, CSCO, LU, APPLE, NOK... Who is the new king?
When posters start to state that "P/E's don't apply to EMC" and "Who is the new king?", it makes me wonder who will be the NEXT king. Lots of "investors" thought (referencing gesakellis's post) INTC, DELL, AMAT, IBM, MSFT, CSCO, LU, APPLE, NOK were infallible and at least for the moment, they were not. Why is EMC infallible? I'm long EMC, but if and when it becomes too large (by my definition) a position in my portfolio, I will lighten up. Nothing is a sure thing and when something becomes a sure thing, ask yourself what usually happens!
People have been saying things like your tirade for many years...."Trees don't grow to the sky"..."Pigs get slaughtered"...etc. EMC is my company's largest customer in the US and we have been with them since the beginning. We deal with the Building Services Group (the guys that design/build the buildings for the company here in Massachusetts). Although I won't get specific here, I will tell you they have plans on the board to DOUBLE manufacturing capability (another Franklin site) in 2001. These guys are out ahead of the curve since the company can't produce new Boxes without the mfg. buildings. Every investor is different and the general market certainly effects the stock price but for what I've seen and know about the Company it has a LONG way to go. Do your own DD and check out the strength of the company.(I haven't mentioned the software growth since I'm not involved in that portion of their business). Good luck..(long since 1993)
EMC's Data General Division Announces New ccNUMA Server High-performance AV 35000 offers investment protection with flexible upgrade features, high reliability and high power for UNIX operating environments WESTBOROUGH, Mass.--(BUSINESS WIRE)--Oct. 19, 2000-- Data General today announced its new AV 35000 server with powerful Pentium� III Xeon(TM) processing. The AV 35000 is Data General's latest and most innovative enterprise consolidation solution. The newest member of the award winning AViiON� series, this enterprise server can adapt to changing workloads by scaling up to 64 Pentium III Xeon processors.
The AV 35000 offers a simple upgrade path from the AV 25000 with fourth generation NUMA technology and the ability to meet UNIX environment demands.
``In keeping with our server-line enhancements, the AV 35000 offers a cost-effective consolidation solution for business-critical needs,'' said Rick Strom, director of AViiON marketing. ``This enterprise-level server offers investment protection and high-power and is an ideal solution for both new customers and current AV 25000 users.''
``Data General continues to meet its customers' needs by providing, reliable and high-performing Intel-based servers, featuring the Pentium� Xeon(TM) processor,'' said Raghu Murthi, director of marketing for Intel's Enterprise Platforms Group. ``Intel-based servers provide the platform headroom, availability and scalability to keep up with the increasing demand and workload of the new Internet Economy.''
``AViiON servers are a key component of GERS' electronic software solutions,'' said Jim Henderson, president and chief executive officer of GERS Retail Systems. ``With this new product, our customers will be able to depend on AViiON's high-reliability as they implement mission critical transaction management applications for web commerce and store-based retailing. Our association with Data General demonstrates a shared commitment to delivering powerful solutions for the retail marketplace in more than 400 GERS installations worldwide.''
Meeting future business needs - Now
Both the AV 25000 and the AV 35000 ccNUMA systems are servers of choice for the largest database OLTP, Enterprise Resource Planning (ERP), data warehousing or healthcare applications. Growing enterprises may use a quick-install, draw-slide upgrade, resulting in an extremely easy field upgrade from the AV 25000 server. With fourth-generation NUMA technology, the AV 35000 brings mainframe levels of scalability in processors, memory, and I/O to enterprise-class servers. In addition to faster processing, custom gate arrays work to enhance performance.
Consolidated growth in UNIX and Windows Environments
As the high-end server of the AViiON product line, the AV 35000 is equipped to handle large consolidation requirements. Built from highly-modular Scalable Building Blocks, customers can incrementally grow memory and I/O in their systems to support business expansion as needed. EMC CLARiiON� midrange storage and EMC Symmetrix� enterprise storage systems can be connected through multiple redundant high performance connections to support a wide range of storage requirements.