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

To: dennis michael patterson who wrote (12274)	2/22/2001 12:33:40 AM
From: stockman_scott	Read Replies (1) \| Respond to of 17183

<<It's a PE reduction, nothing more. >> If it's just a P/E reduction why has JNPR's P/E held up better? EMC is a great company but I sure am having trouble valuing it in this market. I think many of the big tech (and Growth) Funds have had large positions in EMC and recently decided to lock in some gains. This feeds on itself and its not pretty after a while. EMC is not alone and the same thing has happened to former tech stars like ARBA, CSCO, and SEBL. Batten down the hatches...I think we are close to a bottom for this MAJOR correction....Great buying opportunities are all around us...=) Best Regards, Scott