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


To: Lynn who wrote (9447)3/6/2000 9:30:00 AM
From: JDN  Respond to of 17183
 
Dear Cat Lady (gg): Boy, I could REALLY say something but I wont. haha.
I see we have more in common. I too shoot for a 20% overall portfolio return. Course, I expect more then that from stocks dependant upon perceived risk level than other investments but thats the average I would like to have. I never buy any stock if I dont believe in my heart in will move a minimum 20% in a year. So far havent been too disappointed in any and never overall. JDN



To: Lynn who wrote (9447)3/6/2000 9:47:00 AM
From: fooledalot  Respond to of 17183
 
Lynn...............

And I thought all of that grinning was coming from something else!!

Surprise, surprise.

f



To: Lynn who wrote (9447)3/6/2000 10:10:00 AM
From: John Carragher  Respond to of 17183
 
OT

"The Cat, formerly known as Lynn"

Are we into a gender change here?



To: Lynn who wrote (9447)3/6/2000 11:13:00 AM
From: JRI  Read Replies (2) | Respond to of 17183
 
Lynn, Tony, Gus..

Since I'm the only one who has actively posted on the subject recently, your comments must be refering to me...

Lynn, if you're going to criticize one's argument, at least get the facts right...I never said (nor anyone else here) that EMC has been a "dog"....that is untrue.....what I have said, is that EMC has underperformed, giving a couple of different data points, the overall Nasdaq and many, many big-cap tech stocks....that fact can not be disputed.....you may draw a different conclusion as to what that means......but please don't put words in my (or any else's mouth)..I like debate, I just don't like my arguments misrepresented, or "accentuated" on the positive/negative side by others...

As far as being a stock market newbie....you say you are "happy" (?) if your portfolio appreciates at 20%.....regardless of what the overall market averages are doing (?)...to me, that sounds a lot more like a stock market "newbie" to me than anything I (or anyone else) has written.....of course, relative performance is important.......would you really have been happy last year if your investments had appreciated only 20% (while the Nasdaq was up 84%)...I certainly hope not......your comment simply does not make sense....and, if you are happy with such, why not just put money in an index fund (getting better performance), and save the time you spend on these threads for other, meaningful activities..

I recently spoke with some of my wife's relatives in Latin America, who have been overjoyed that their stock investments were making 12%
p.a. during the 1990's using the wonderful service (sarcastic) of Citibank-Private Bank....they thought they were doing well, because they were unaware of the overall performance of many market indices.....I suppose their investment representative didn't dwell too much on those pertinent facts.........your comment reminded me of them...12% performance a year, and Citibank PB produces nice looking, color brokerage statements, and only charges a 1% fee on assets a year...picture that....great! Happy as clams!

I have held EMC for more than a year....so I am not a momentum-driven newbie to the stock, either.......I think, however, it is more than relevant to question the increasingly momentum "nature" of the market....and how it will effect EMC, the stock...short-term and medium-term.......that does not make a momentum investor....it is just a recognition of a possibility and, likely, a reality....