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: Ibexx who wrote (5173)	3/29/1999 5:57:00 PM
From: EenieMeenie	of 17183

I think the retail brokers are jumping on board and selling the crap out of this thing. Let's face it, EMC has a great story and excellent potential. People who know nothing about the business model will think that they are clever for recognizing the importance of data storage and buy into the frenzy over internet-related stocks. Valuations are entirely different story. Growth for EMC is very very real, but where do you draw the line? I guess, these days, you don't. John Maynard Keynes enjoyed talking about the market. I think he would get a kick out of what is going on these days (btw, Keynes fleshed out expectations as a component of market theory, i.e. post-war Britain, circa. 1920). Market historians 30 years from now will too. Keynes made mounds on the back of this "irrational exuberance" during the 20's; if we keep in mind what is driving this market, I think we can profit from this market behavior as well. Chris

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