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


To: BI*RI who wrote (6989)7/2/1999 8:07:00 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 17183
 
Some of us drink different tea than others. <ggg> I think EMC has hopefully found it's bottom and it's base at least short to medium term. Still I am seeing many reliable signs that Y2K concerns have indeed slowed down aquisitions by IT managers. However, unlike PCs, software etc, I think storage is one area where many companies won't be able to put off upgrades which makes EMC one of the less risky plays. Also, ASPs aren't dropping inserver storage like they are in PCs etc. Of course only time will tell.

Good Luck,

Lee