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


To: GVTucker who wrote (7888)10/21/1999 1:36:00 PM
From: SJS  Respond to of 17183
 
GV,

EMC qualifies, IMVVHO. At 73, where it was about 2 weeks ago, it a premium stock with a premium PE. Even now, it still qualifies.

Let's not deny that. We've talked about that here for many years.

In fact, I would even venture to say that they apply to all stocks. stricly based on this current interest rate fear environment.

Just look around! Dozens of companies are fessing up for small "faux pas" and getting killed. Even if you don't fess up, if WS even thinks you're guilty of something, you're gonna be toast.

I've had a few casualties myself, with great earnings and good guidance. I don't understand it, but as a trader, I am learning real real fast.

Steve