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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: J. Arzente who wrote (7864)10/20/1999 9:59:00 PM
From: SJS  Read Replies (1) of 17183
 
I listened to him from 4-5pm EST. I have a feeling that while EMC's earnings and guidance were good, the market's not sure about DGN.

This market's getting unforgiving in the ST for uncertainty. I've been knocked around today by EMC, TER and TXCC and I'm not going to watch months of gains instantly evaporate in a week. EMC's selloff and the IBM news might continue to selloff.

I like this company and like the stock appreciation this year (65%), but I think a lower entry point is more than possible.

JMHO.

Steve (not LEN). Len gave me a PM yesterday on a hunch to buy puts. He was right on. Nice call LEN!!

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