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


To: Gary who wrote (8968)1/27/2000 12:55:00 PM
From: SJS  Respond to of 17183
 
Technically, we're breaking down. Passed the 13 day, the Bollinger Band midpoint, and moving toward the 50 day.

Let's hope that holds. In that area would be my entry point for a new position.

Unless this marks an inflection point for the company (like DELL's of 2 quarters ago, and QCOM's just recently......), this should pass.

Mike should qualify information on the going forward rate of 30-35%. Is this is not going to be the number anymore?

I think that's and the 27% number are what has got people spooked now, IMHO.

Steve