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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: Murrey Walker who wrote (4968)3/18/1999 4:35:00 PM
From: JDN  Read Replies (3) of 17183
 
Dear Murrey: You miss the point. To sell and buy back which is what most of these people are doing ie WHO would NOT want to own EMC? causes them to add to their cost basis whatever the tax was required to be paid. Some stocks have such huge swings that it makes it worthwhile but I would be surprised to see EMC fall back under $100 in this climate. JDN
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