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 (12984)	8/13/2001 3:06:02 PM
From: Patrice Gigahurtz	Read Replies (2) of 17183

I actually don't own EMC (yet) as I wrote a naked put for EMC Jan2002 at strike of $15. So between now and 3rd Friday in Jan2002 I'm liable to get stuck EMC at $15 but of course only if it drops to $15. I have never owned EMC but I always have read about it and watched it slowly erode in share value since 9/2000. BTW: I start the bear market in my view in tech on 9/22/2000 as that's the day that Intel warned about their earnings. Ever since that warning in 9/2000 the techs have dropped BIG ! It's staggering how much wealth was lost by people who held their tech shares since 9/2000. To me the tech crash equals or betters the stock crash of the early 1930s. Any thoughts ?

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