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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: John Koligman who wrote (14173)4/26/2002 9:23:48 PM
From: gmccon  Read Replies (3) of 17183
 
They all go down, the good ones go back up. In the early to mid-90's EMC's principle competitor was StorageTech. Take a look:

finance.yahoo.com

However, if you had abandoned your position in EMC a year ago and rolled it into STK, you would have doubled. Even better, if you had sold EMC short a year ago, you would have 4-bagged.

My problem with EMC here is that it is dead money for at least the rest of this year. Plus, people who know, say you can buy the same stuff from other companies more cheap.

There are better plays. The casinos are on a tear (STN MGG MBG PPE). Look at "the Donald", even (DJT). The industries which were directly hit by 9-11 are making big bounces.

greg
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