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: JDN who wrote (9832)	4/16/2000 3:59:00 PM
From: Gary	Read Replies (2) of 17183

I'm not sure that earnings are going to drive things up much at this time. EMC is one of the strongest stocks that I have held.It's a great company but how log will these stocks hold up to these earnings multiples?No one knows. I mentioned here before that I use a market timer. (as did a good EMC (SI) contributor last June who got laughed off ) I got out and am in cash for now but will buy back EMC. My guy called this hurrcain and no he is not a bear, anything but! Did you know that every year sine 1860 that ends in a "O" except for one has been a bear --- that every panic sell ie. Apr. 4 -- since the 60's has been followed by 4 to 6 weeks of volitile prices? My guy called for a low the end of May last Feb.( and no I haven't been out of the market since then as he called plenty of ups in the meantime. There will be lots of buying opps. between now and the end of May, EMC included and I'll be there but not for now. Good luck

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