EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: JDN who wrote (12906)	7/18/2001 10:56:58 PM
From: Gus	of 17183

What are you saying? And we all shall walk in the valley of fears. Chill out, JDN. Didn't yo' momma ever tell you not to average down in any stock in the midst of an industry price war and a cooling global economy? Like I said, there's a major price war going on. For all practical purposes, 2001 is a lost year for most technology companies in terms of stock appreciation. Range-bound, the competitive positioning has already started for the eventual recovery. The best thing that sellside analysts can do is get out of the way of the eventual recovery by clustering around the lowest end of those post-REG FD forecasts. Some think the recovery will start in 2H2002 and some think that the recovery will start in 1H2003. There are even those who think that the recovery will never come until the Euro assumes <cough> co-equal <cough> status with the US Dollar. Different histories, Different risk cultures, Co-equal currencies. Can pigs fly?

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