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March 6, 1988

EMC MOVES TO THE BIG BOARD OF THE NYSE

By CBR Staff Writer

It’s not often that small companies go to the trouble and expense of moving up to the Big Board of the New York Stock Exchange from the NASDAQ national over-the-counter share trading system, but add-on storage and communications equipment maker EMC Corp, Hopkinton, Massachusetts, has had its application to make the move approved: it says that it has been growing at over 100% a year and has now reached $127m turnover, but that it felt it was not as well known to the largest computer users as it should be many of its customers are high-level data processing managers used to doing business with the likes of IBM, DEC and Hewlett Packard, and as such may feel more comfortable with a Big Board company.

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