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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: JRI who wrote (9377)3/2/2000 6:06:00 PM
From: BI*RI   of 17183
 
I'm not looking for the same growth in EMC that I am in JDSU or NTAP. EMC was the NTAP/JDSU of the 90's, along with DELL & CSCO.

It's a more mature company now, with less percentage growth going forward. It's a Tech blue chip, where P/E, where PEG ratios actually matter.

I'll be happy with 50% for '00 from EMC.

I invested equal amounts in EMC (Jan., '99) and JDSU (April, '99), so I know what the difference between "up & comers" versus "been there, done that(s)".

In fact, the same amount invested in NTAP in December has already caught the prior year's growth in EMC.

I don't expect them all to be screamers, but I like EMC's steady growth prospects for the future. Two months is just a snapshot for me.

Marc
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