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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 (5625)4/17/1999 2:56:00 PM
From: John Carragher  Read Replies (2) of 17183
 
Dennis

I believe this is related to the concern of y2k. Look at sunw it got creamed because they wouldn't give analysts a guarantee on the rest of the years business. Although sunw and emc are flying high with business all they can say right now is they don't see an impact. I believe the mm left to find some quick bucks in other high rs stocks. They are now pushing some cyclicals up and when they pull out more folks are going to get hurt. We know from the ceo's statements in emc and sunw growth is continuing..
oy what a hell of a hit. I do hope there are no surprises. I can't take another computer associates where the ceo says everything going great, gets his options and then comes out stating next few quarters will be slow. We have enough ceo's running around like ca imo. Looking forward to Tue. and hopefully some recovery. John
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