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: Outer-limits who wrote (13018)	8/16/2001 4:50:09 PM
From: BWAC	Read Replies (1) of 17183

How the heck can you go wrong with an investment like this??? Let me count the ways in the short term that will drive you crazy until you are eventually proven a genius. 1.)"reached the bottom (well within about 3 points or so), but what's three lousy points with all the upside potential." Nobody cares, the chart says new lows, CNBS says run, Analyst says dead money. 2.)"Storage is not going away, " Current FEAR is that it is. 3.)"EMC is the leader in their space" See #1. 4.)"balance sheet is sound with I think several billion in cash reserves. " Whats a blance sheet? Beats me how you can go wrong buying leading companies, with strong balance sheets, at low valuations, but it gets wronger and wronger each passing day as the fears mount and analysts throw gas on the fire. Good Luck.

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