SI
SI
discoversearch

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 29.050.0%Sep 15 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tulvio Durand who wrote (7359)8/9/1999 11:11:00 AM
From: JRI  Read Replies (2) of 17183
 
Seems to me (for daytraders) that the sell-off today is a nice opportunity, and an over-reaction...it is only a billion-dollar stock deal (small)...highly synergistic....integration process should be a snap...Cisco does these all the time (and the stock doesnt take a hit)...

Market taking out over 2B in EMC's market cap so far...that doesnt make sense.....Stock should rally over next couple days (from 56/57 level)...daytraders should make some money if they are buying now.....

Another way of looking at it: a 56 to 70 move means 25%....that about the surest 25% one can bank on over the next year.....

This (deal) is just making a STRONG BUY even a STRONGER BUY
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext