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Technology Stocks : Emulex, What Prospects?

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To: speedbot who wrote (371)5/3/2000 9:45:00 PM
From: Guy Gordon   of 788
 
I sold EMLX back on 3/29/00 when it broke the 50-day MA. EMLX had been on a beautiful trendline since March of 1999 till then. I never dreamed it would drop to 36 at the low. Geez, that's scarry. (Then again, it was $7 only one year ago.)

Anyway, it's way oversold for the stock of a company this good. I'm impressed by the way it's been clawing its way back out of that hole. I bought back in today. I seriously hope EMLX can form a new upward trendline.
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