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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: JakeStraw who wrote (13881)2/28/2002 2:57:53 PM
From: John Koligman  Read Replies (3) of 17183
 
Single Digits Beckon EMC
By James J. Cramer

02/28/2002 07:53 AM EST

EMC (EMC:NYSE - news - commentary - research
- analysis) said things aren't so hot last night at a
Roberston Stephens conference, confirming once
again that all is not well in storage-land.

When you combine that with the Hitachi (HIT:NYSE - news - commentary -
research - analysis) disappointment last night and what I am hearing about IBM
(IBM:NYSE - news - commentary - research - analysis), you have a sense that this
once-hot area has completely fizzled.

What's the matter with storage according to EMC?
How about everything: pricing is bad, demand is
bad, the products don't seem to excite.
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