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: jad who wrote (5396)	4/15/1999 9:43:00 AM
From: Tony Viola	Read Replies (4) of 17183

Jad, Maria B on CNBC just mentioned that some firm downgraded EMC! Morgan Stanley? What's that all about? STK announced a way down qtr vs. estimates, but the only product mentioned as the problem was tape drives. Didn't know they were still that important. Also, STK has been a major laggard. Pretty chickensh*t to downgrade EMC just because of STK, IMO, unless maybe something wrong with EMC's quarter. Storage is white hot, I seriously doubt it. Or, maybe they're using the old valuation thing, but just before earnings? -2 1/16 RT. Tony

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