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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: Fred Levine who wrote (13931)3/18/2002 6:31:36 PM
From: Fred Levine  Read Replies (2) of 17183
 
I just read two analysts reports on EMC --- Merrill Lynch and AG Edwards. They were in essential agreement that there was no immediate impetus for a rebound. but the second half of 02 will be an improvement. The part that I found most interesting was that both thought AutoIS was the product ot beat. Milunovich of ML said he was bullish on AutoIS, and that he expected a 2nd half rebound for EMC. Since I am a nontechie, I didn't follow the reasoning, just the conclusions.

I'm trying not to think day-to-day on EMC, but will wait for action to develop. I am still convinced storage will be in significant demand.

fred
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