EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: dmf who wrote (8093)	11/5/1999 10:06:00 AM
From: Tony Viola	Read Replies (1) of 17183

dmf, My son was asking me about CSCO or EMC as his next purchase. Buying some of each and having some cash ready for dips isn't a bad approach. Wish I could give him guaranteed entry points. I'd like that myself <vbg>. When I jumped into EMC and Cisco at (split adjusted) $50 and $53 early this year, I gulped as both seemed high. However, I couldn't stand NOT being in these two any longer. Smiling now. Might be a buying op on Cisco right after earnings next week. They might just say the dreaded Y2K word. But, that's over in 2 months! I personally think it's over now, for all intents and purposes. I mean the fear over it will be over in 2 months. EMC? I'd buy on any dip. I don't believe Paine Webber or anyone else about Y2K effects on this one. That Rust Belt, all legacy report yesterday, if that's what it really was based on, is a travesty of business analysis if I ever saw one. Tony

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