Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dmf who wrote (8093)	11/5/1999 9:23:00 AM
From: JDN	Respond to of 17183

Dear dmf: Wouldnt we all.. I dont own any CSCO although I wish I did. Problem is the last time it dipped I was fully invested and didnt have any excess funds to put into it. Since then its been pretty pricey. The current pe ratio is over 110. I suggest just be patient and wait on that one. Technology often takes a major drop in the Spring or so at those pe levels I see no need to rush in. For your son he may wish to consider Lucent also when the opportunity arises. Also WCOM, GBLX, SUNW all great tech and communication stocks in my opinion. JDN

To: dmf who wrote (8093)	11/5/1999 10:06:00 AM
From: Tony Viola	Read Replies (1) \| Respond to of 17183

dmf, My son was asking me about CSCO or EMC as his next purchase. Buying some of each and having some cash ready for dips isn't a bad approach. Wish I could give him guaranteed entry points. I'd like that myself <vbg>. When I jumped into EMC and Cisco at (split adjusted) $50 and $53 early this year, I gulped as both seemed high. However, I couldn't stand NOT being in these two any longer. Smiling now. Might be a buying op on Cisco right after earnings next week. They might just say the dreaded Y2K word. But, that's over in 2 months! I personally think it's over now, for all intents and purposes. I mean the fear over it will be over in 2 months. EMC? I'd buy on any dip. I don't believe Paine Webber or anyone else about Y2K effects on this one. That Rust Belt, all legacy report yesterday, if that's what it really was based on, is a travesty of business analysis if I ever saw one. Tony