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

To: Smartypts who wrote (7692)	9/18/1999 8:33:00 PM
From: Bob Kim	Respond to of 17183

I've updated my weekly analysis of ML analyst Steve Milunovich's price targets. Among those stocks needing higher price targets are EMC, NTAP, UIS, LXK, and SUNW. restex.com

To: Smartypts who wrote (7692)	9/18/1999 8:51:00 PM
From: Bill Fischofer	Read Replies (6) \| Respond to of 17183

Re: Price targets Price targets are good for swing trading but are dangerous for core holdings like EMC because they may tempt some into selling when those 'targets' are met. Obviously the analyst community has 'targets' for all stocks they follow but the point to realize is that for stocks like EMC these are just mileposts on a very long road rather than destinations. Here's the perspective folks should keep in mind. EMC is the undisputed leader in one of the fastest growing sectors of technology. Demand for storage is insatiable and will only accelerate in the coming years as B2B ecommerce and the full impact of the broadband revolution is felt. As a result, I am quite confident that EMC is at least a 10-bagger from today's price levels over the next 5-7 years. The relationship between bandwidth and storage is completely synergistic. The more bandwidth available the more data there is to collect, analyze, and manage. The more data there is, the more the need to transmit and receive it. This positive feedback loop will be the defining mechanism of the information revolution of which we have to date seen but the smallest foretaste. Those who have held EMC for the last 1000% gains know this. Current and prospective shareholders who wish to hold EMC for the next 1000% gains need to learn this. Don't settle for a small gain when you are holding one of the greatest stocks of this bull market. Just tuck it away and watch it grow year after year.