EMC How high can it go? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mario who wrote (6851)	6/26/1999 9:16:00 AM
From: JDN	Read Replies (1) of 17183

Dear Mario: If you are a long term holder any time is a good time to get into EMC. If you are looking for the best possible price to enter I think I would wait until AFTER the Fed meets. The general consensus of opinion, I THINK, is that the Fed will propose a 1/4 pt increase and that increase should not effect stock prices. BUT there is ALWAYS the possability that Greenspan will go for 1/2 a pt. That could effect the market adversely. The only risk I would see is he were to propose NO increase which would probably propel the general market UP. That risk seems minimal at this time. As to what is the best possible price you could hope for--only a guess but I would imagin under the worst scenario MAYBE as low as 47-48. On the other hand, I dont see much of a move upward until AFTER THAT MEETING not only for EMC but for the market in general. JDN

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next