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


To: Tony Viola who wrote (9706)3/30/2000 3:27:00 PM
From: GVTucker  Read Replies (1) | Respond to of 17183
 
Tony, RE: Is EMC getting back to your buy range yet?

Nah.

Note that EMC isn't even at the level where I first posted that I didn't want to own the stock, and then figure that at that point (120 or so) I figure the stock is overvalued.

Then the stock needs to get to 'fair' value, whatever that means.

Then, if I'm lucky, the stock sells to what I think is an undervalued price. Usually some kind of externality is needed. Last year the Y2K thing conveniently appeared.

My guess is that the odds are low that I'll be long EMC any time in the near future--quite possibly to my detriment, but that's life.