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: freeus who wrote (4410)	2/18/1999 1:40:00 PM
From: JRI	Read Replies (2) of 17183

Freeus- Earlier today, the Naz had corrected down 12% from its highs...EMC was selling at 46....and the big Naz guns were all down 15, 20, 25, 30% from their highs.. Overall the last few years, these times have been great opportunities to add the big cap, liquid names.. If EMC hits 96 again, and the Naz goes down another 30-40 pts from here...it is hard to think that it would be a mistake buying EMC (even on margin)...if you have doubt...buy half of what you would have..and then average in (if it falls lower)... I don't think the "end game" is in here...I think this year the big tech, horseman-type stocks are still the way to go....Same old, same old...(I will looking for inflation worries/Fed rate hike later in year...and that could be trouble....but so far, the data doesn't support it...) Good luck with your decision

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