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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: TigerPaw who wrote (6707)6/11/1999 12:15:00 PM
From: D. Newberry  Read Replies (1) | Respond to of 17183
 
TigerPaw,

<< Once they have sold enough these techs are
going to rise by at least their growth rate, and maybe with an exuberance bonus. >>

Assuming that tech is the place to be long term, and I believe it is, Fidelity will move back into these stocks later. This will have the opposite and very positive effect -- up.

Actually I think EMC CSCO, et al, have been behaving surprisingly well considering the rise in interest rates. Let's hope it continues until this interest rate thing blows over.

Regards,