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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: JDN who wrote (9645)3/24/2000 11:07:00 AM
From: JRI  Read Replies (1) of 17183
 
Yes, I am happy, although EMC still underperforming rest of port <G> Bought the last dip...VIGN at 201, BRCM at 186, JDSU at 115..that was nice..

TYC is going to be untouchable this year...practically no downside (regardless of what the market does)....could easily double from here....and if it ever gets credit (P/E expansion) for its optics/underwater plays...wow..

We are riding an unbelievable liquidity wave here....EMC included....The fix is in to push prices higher before end of quarter....I've heard that many Japanese fixed money-market accounts (supposedly, largest in almost a decade) are coming free as of April 1st (along with new Japanese fiscal year)...that may free some cash to keep this thing going....but I can't see how the Naz is going to rage this summer.....we'll probably sell off during earnings......after, think we'll be taking a break for a while...

On the bright side (again), presidential elections (fall/winter months) have historically been great times to be long...lots of promises made....Fed on hold....

Good luck to you...beautiful weather lately, eh?
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