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

To: Bob Frasca who wrote (10678)	7/20/2000 10:46:22 AM
From: jad	Respond to of 17183

Chart of the Day for July 20, 2000 Chart of EMC Corp (EMC) is looking strong, as the stock is showing signs of going higher. Shares rose $5.44 to $84.00 on above average volume in a down market. In the process, shares closed slightly above its previous high of $83.50 and appear to have additional upside ahead. Despite recent weakness in the tech sector, this tech bellwether acted very well and managed to move into a new high. If tech stocks rebound in coming sessions, EMC could extend its uptrend moving well past $90. Company also reported better-than-expected earnings, which should bring buyers back in the stock. From Trading Ideas