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: Andy H who wrote (3936)	1/23/1999 12:38:00 PM
From: robin 187	Read Replies (1) of 17183

Andy, Here is the excerpt from Cramer on EMC... Could you explain what this means? Should this be viewed as a positive or was the specialist trying to cover up a possible negative that could occur on Monday or was he trying to shake out all the weak hands earlier and finally let the stock head higher at the close. I have the options and I have to admit I was confused as to the action all day. Earlier in the day the stock almost went to break even and yet the speicalist wouldn't let the price of the option move from the low of the day. A several point move took place and they wouldn't raise the option price. That just didn't make sense to me. I'd appreciate your analysis of what you think took place at the end of the day and what Cramer was referring to. Meanwhile, no real threat today. Not a lot of volume. Kind of boring away from IBM. Hey, and what was that deal with that crazy EMC (EMC:NYSE) close? Talk about a feel-good print; thank you specialist for that sweet handout. Thanks for your imput. Robin

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