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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: dennis michael patterson who wrote (4985)3/19/1999 4:25:00 PM
From: Lynn  Read Replies (1) of 17183
 
Dennis: I watched EMC for almost the last half hour of trading. At one point it hit its low for the day. Approaching 4 p.m., it appeared it was going to close under 18, hovering closer to 17 5/8 (approximate). At 4:01, however, a large trade went through and EMC quickly closed the day at 18 1/2 (Schwab quote). Right now the bid is 117 3/4 and ask, 118 1/2.

Now for my question: You and some others have talking about a correction next week. The market was down today, not merely EMC. Does today's trading, however, give you any indication about a correction and if so, what price range do you see? I have heard talk about going down to 110 and someone on another thread asked me via PM today if I though EMC could go as low as 100.

Lynn
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