EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: SJS who wrote (3153)	10/17/1998 3:00:00 PM
From: SJS	Read Replies (2) of 17183

Nope. Options expiration. Classic symptom of how the stock behaves. I don't know about the earnings, but the stock wouldn't have gone up from the low 40's to 55 if the earnings "rumors" were floating around. I think the earnings will be fine, but I will repeat that I think we may get led to the tacit perception towards a softening of the 30%/year growth, considering the state of world economic affairs. I would be pleasantly suprised if they come out with a "NO CHANGE, we're on target at 30% and full speed ahead" comment. We'll know very soon. I am personally going to hedge my long shares for just such an occurance.

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