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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: JustTradeEm who wrote (53600)4/19/2002 12:10:34 PM
From: thesilenttype  Read Replies (1) of 99280
 
On EMLX cc both the CFO & CEO were cautious with forward guidance.This obviously is being interpreted as being "conservative",but too many ifs,coulds,and pro-formas IMO.They stated that EMLX is counting on EMC,CPQ,& IBM to up IT spending next qtr.,and some are saying IT spending won't commence till early/mid 2003.It might be a good company and a decent stock,but IMO overvalued.I'd go long in the high teens.
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