Emulex, What Prospects? Message Board

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Technology Stocks : Emulex, What Prospects?

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To: Guy Gordon who wrote (274)	3/29/2000 7:10:00 PM
From: Neville H. J. Gorman	of 788

Hello Guy! You are absolutely right. To my mind it would be insane to commit much $$$ into EMLX now. Maybe a little now, but better wait for a bottom first. I got in @$27 in August and thought I was late to the party. I had been watching from May of 1999 on..... Iïm just going to wait how this plays out. If we stabilize at around $100 I might buy more. Similar thing with QLGC. Getting whacked. I still remember last year (Sep/Oct) when it traded down to $66 pre split. That was when I bought more. These two FC stocks are damn volatile. Disclosure: Iïm long BRCD, QLGC, EMLX. This is no advice to buy these stocks. Iïm no expert with regard to the technology. I just follow revenue developments. As these have been indicating rapid growth up to the latest earnings report, I donït see any reason to reverse my strategy. Good luck to all longs! Neville

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