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: JRI who wrote (6059)	4/29/1999 9:03:00 PM
From: Gary	Read Replies (1) of 17183

Emotionally EMC is great but technically as Dennis says not so good. We have no alternative but to be caught up in the high tech cycle. My guess is that we could be down till August. The charts are just not strong for EDC and you can't ignore them as the fund managers use them too.They do have some validity. I wasn't a buyer at $115. Even at 60 times earnings historically it is high and we are much higher than that. Relax on buying.

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