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

To: JDN who wrote (9872)	4/18/2000 9:12:00 AM
From: GVTucker	Read Replies (1) \| Respond to of 17183

RE: conference call Guidance seemed pretty much as expected. Nothing seemed to stand out to me, although I did note that management continued to guide margins lower in 1H '00 and higher in 2H '00, which was as they stated last Q. Not a surprise, but I think this may disappoint some analysts. CC still going on, but I got disconnected midway through the Q&A. $%#&!! My guess is that the stock will be modestly weaker, given the sharp move up yesterday. Not 10% weaker, but perhaps 5% or so. EMC was trading at 134 euros in Europe before the earnings announcement, traded down to about 131 euros afterwards, which would be about unchanged from yesterday's close.