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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: meveric who wrote (16730)7/10/2006 10:38:50 PM
From: Bread Upon The Water  Read Replies (3) of 17183
 
I personally think that this is a very short sighted viewpoint. EMC is in the process of converting itself into a company that manages information (with storage a part of that management) It is positioning itself to grab market share and become a one stop shop for Info tech managers.

IMHO, the cash was well spent to remake the company for the future. The only question I have now is do I wait and see if it drops a little bit more before buying some more.

If your time horizon is 5 years instead of 2 quarters you should have nothing to worry about at the current share price.

Bill
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