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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: Mannie who wrote (9355)3/2/2000 1:36:00 PM
From: JRI  Read Replies (1) of 17183
 
My portfolio widely beat the Naz in each of the last 3 years......I do not invest in biotechs......I have outperformed, largely, by pruning laggards after it became clear they were going to continue to lag.........I am not saying that EMC is in this category...I am only saying that the last two months have not been stellar..and lately very weak....and that is unusual..given the lack of bad news (like McCarty's infamous April 1999 "nuclear winter" report) which hurt the stock for quite a while...or worries about DG acquisition (which hurt stock last summer) or even neutral news/market (at times, last year)........normally, in a no news environment...with the Naz strong.....EMC runs..........EMC got a ton of promotion in Jan./Feb....made many "have to buy" lists.....no one has said anything negative in quite a while........the quarter should be going well......so, I find it unusual that the stock is so woeful lately (due to no reason)...when many other techs in many other "internet" categories are still raging....

Could mean nothing. Could mean something. But I don't think the last two months, and especially last couple weeks are "business as usual"..if you look at the past couple years as a guide...If the quarter is going well, Ruettgers should come out and say so...that would draw some "good" attention to the stock...

Could fund managers be maxed out on EMC?
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