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: 007 who wrote (4016)	1/25/1999 11:45:00 PM
From: Neal Bassi	Read Replies (1) of 17183

My favorite too. I have been with this stock since 1995! I have been through one stock split already, and hope that EMC will be the next generation stock that Microsoft was and is. EMC has built itself into a category that the world is relying on, that is storage for data. The world is in need of strong, secure data storage, especially with more companies getting into the internet and more thriving for reliable hardware. EMC is two plus years ahead of the industry, already on pace for record sales and profits. EMC is not a commodity company, but rather a value producer that keeps coming out with new and improved products annually. How many companies do you know of that operate this way? I expect that earnings tomorrow will be strong, but close to the whisper number, maybe even better. A stock split should be likely since it split last time at $70. The PE is rather high, but I would pay a premium for this stock because their products are premium to anything else in the industry. Look for a strong performance tomorrow, I believe, and hang on to this long term stock because I bet you will be able to retire on it someday! I am!

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