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: Gus who wrote (11803)	1/8/2001 11:59:13 PM
From: gmccon	Read Replies (3) of 17183

I've had the privilege of meeting EMC techs on the road from one job to another. I know it's a great company, and I have no doubt they will "ride again". But these are terrible times (for investors). I think we will need for Greenjean's latest work to trickle down, along with the promise of Bush's tax cut to take effect and do what it does before the market and these otherwise great companies head back up again. Where's the bottom? Of course no one knows. Are these tough times for investors? Good grief, how would you have liked to gone short on some of these great names last February or so: DELL, MSFT, APPL, AMAT, and on and on... not to mention QCOM and JDSU. BTW, I don't think 96 is too high for a PE for EMC. I just don't think the market will agree. It's still not sure it likes DELL at 23. Do you see what I'm saying? Do you remember how DELL found it's way to where it is? DELL believers kept reaching for the falling knife that just wouldn't stop. Just some thoughts. Nothing more.

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