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

To: Road Walker who wrote (10241)	5/19/2000 6:48:00 AM
From: JDN	Read Replies (2) \| Respond to of 17183

Dear John: The only thing, besides internet infrastructure they have in common, is the fact they are incredibly successful companies selling at a high PE. Thanks to Uncle Al market is currently discounting high PE stocks wholesale without ANY regard to their future prospects. Within the end of this year both SUNW and EMC will be trading at a market PE if their prices stay down, since both will be having IMHO at least a 50% improvement in earnings. Now, if the NEXT year looks to be as good as current then I would expect we will see these stocks begin to appreciate immensely. JDN