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Technology Stocks : EMC, why does it keep going down?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: thuyen nguyen who started this subject9/12/1995 3:58:00 PM
From: Joan Osland Graffius   of 144
 
Could be a concern for profits!!

Most of the disk drive makers seem to be under pressure, since at least one company has communicated to the street that earnings would not meet expectations.

Merrill Lynch made a recommendation of 1,1,A; a couple of weeks ago on EMC. This is a short term and long term above average performer and investment grade recommendation. This recommendation was made when EMC was trading at $21+.

It could be each one of the disk drive makers will go up or down based on reported next quarters earnings. Regards, J.G.
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