EMC How high can it go? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JDN who wrote (5790)	4/20/1999 10:45:00 AM
From: Box-By-The-Riviera™	Read Replies (1) of 17183

IT budgets at most corporations are frozen from mid year until first qtr next year.... which means....a zero growth or worse picture ....hence the selling of tech shares.... that emc did not hold given the earnings report is perceived as a structural negative for the sector.... until there is a radical change of thought re: IT spending for the remainder of the year.... don't expect much. The market in fact has been extremely efficient on this subject, as you can see. in spite of at least one more probably decent qtr of reporting after june.... the market is looking past june. regards Joel

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next