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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: WTSherman who wrote (4904)3/16/1999 4:39:00 PM
From: BI*RI  Read Replies (1) of 17183
 
Going forward growth rates of CSCO and DELL are no better than EMC's. Their P/Es are equal or higher. This is what the "Horsemen" are commanding these days. EMC is joining the group.

I mean, we got CSCO at P/E of 125 and LU LU circa 100.

That's exactly why I opted for EMC when the P/E was in the 40s and TLAB in the 30s. Both are 38% gainers so far this year while the others are stagnant.

But you're right. At this point we're pushing the envelope, and I'm not adding here. Retracement and/or continued good earnings report before getting any more.

But am keeping what I've got and will amuse myself with the buyers and sellers.
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