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


To: dg who wrote (12386)3/3/2001 11:37:55 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 17183
 
Congratulations on your great LTB&H investment in EMC.

I am not certain of anything. And I don't think I can time the bottom. My previous post makes that clear. I said I took a partial position at 50, and intend to average down. But I think there is a not-small chance that we could see the 20s with EMC, and I intend to have the ability to be buying LEAPs, if that happens.

The last 12 months should have convinced every investor that, yes, you can pay too much for a good company.

And, no I'm not shorting EMC. I'm shorting AMAT, at 49. There is more air in that one.