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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: space cadet who wrote (6721)6/14/1999 7:04:00 PM
From: Dr. Jeff  Read Replies (3) of 17183
 
I kindly disagree with your assessment of EMC. Also, don't blame the market for EMC getting notched down today. The front men wouldn't have to be on TV and be doing ANALyst meetings every other day unless they were real worried. If the stock takes off again, good for you, but this market can't be trusted. The way EMC management (and stock) are acting reminds me of how MIKEY DELL (and his ANALyst entourage) were out every other day touting how great the company is while the stock was putting in it's top. Soon after it tanked as you probably know. In a heartbeat the "story" changed and money was lost long while insiders were cashing out hand over foot. For the record, I'm not short EMC, but it sure doesn't seem too "compelling" a buy at these prices. Time will prove one of us wrong. Best of luck ( I think you'll need it).
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