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

To: Lynn who wrote (8711)	1/12/2000 11:10:00 PM
From: fuzzymath	Read Replies (2) \| Respond to of 17183

EMC has gained 500% or so in the past 2 years! I just saw this with my new stock quote and plotting links. No wonder everyone thinks I'm a bit odd when I talk of safely earning 30-40% a year trading a market index! And my 30% or so in the past 3 months is a wonderful short-term return for me, but I see that EMC has risen 80% since October. Hmmm... Makes me wish all my money wasn't locked in a profit sharing account where all I can buy is Fidelity mutual funds... So, the question really is, can this continue for EMC, SUNW, etc? I don't know. There should be lots of new orders now that Y2K worries are past. My company postponed purchases and is now buying new servers, new software, etc. The WSJ said many companies and state and federal government agencies did the same. Since bonds continue to fall, the Fed will have to raise its rates just to keep up. So far that hasn't hurt the high-techs. But after an 80% NASDAQ rise last year, surely this year is likely to be more "normal", right? Kevin