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: John Carragher who wrote (5620)	4/17/1999 11:47:00 AM
From: dennis michael patterson	Read Replies (2) of 17183

Anticlimax? John, given the company's statement thursday regarding their outlook, the cc will be anticlimactic. They will reaffirm their outlook, and that will be that. I have to say that when I added to my position on Thursday, I figured this would be the end of it. But friday's action was stunning. I would have thought Jim Cramer was right: anyone who would sell on a Montgomery downgrade would have sold Thursday. Which makes me think there is more to this selloff. Is this a Dell-like selloff where, after a meteoric rise, there is a perception that the nd for growth is in sight? That cannot be right, because Y2K is a one quarter event, at worst. I keep going back to expiry for the answer. Monday is so important. Or is it?

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