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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: t36 who wrote (5566)4/16/1999 1:49:00 PM
From: Tony Viola  Read Replies (2) of 17183
 
t36,

Seeing the carnage again today, I had to re-read the EMC statement to make sure it said BOTH revenue and
net income growth
will exceed 30% in 1999. It does. These days, people are getting picky in earnings statements and want revenues robustly up as well as earnings, and forward looking statements that are upbeat. Otherwise, you get creamed. Seems to me, EMC is saying all three. What the @#^(! do they want? Awesome thing is I'm personally barely in EMC a month and a half, and still up despite the selloff. Bodes well for when techs come back.

Tony

Tony
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