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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: Mike 2.0 who wrote (6318)5/7/1999 10:12:00 AM
From: John Carragher  Read Replies (1) of 17183
 
speaking of "worth" Richad Brody ppm america $40 billion. He is the one in this months mag. that identifies all the glamore stocks ready to fall.

EMC is one...($111) $80, emc.. is the leading supplier of data-storage systems,BUT its rich valuation of 56 times 1999 est. earnings leaves little rooom for error. Even without an operational stumble, sales growth should slow later this year, as many companies have already beefed up their computer storage in anticipation of potential year-2000 software glitches.

Where is this guy coming from????? Doesn't he talk with emc before dumping .....
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