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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: Tony Viola who wrote (9020)1/28/2000 4:12:00 PM
From: JDN  Read Replies (1) of 17183
 
Dear Tony: Ok, I have checked around. My sources still feel that .25 is the most likely raise at the FOMC meeting. Also, the good news is that the NASDAQ has dropped about 10% from its recent high, did that a few weeks ago, this drop will likely not exceed 15% and then come back as before. Reason it will not go as deep as some feared is because believe it or not interest rates are actually going down at the moment. Reason it will come back is because the high techs really do have decent earnings and decent year shaping up. No Asian contagion or anything like that around. So, cheer up we are 2/3's there. haha. JDN
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