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


To: Skeet Shipman who wrote (12447)3/12/2001 12:24:56 PM
From: Crystal ball  Respond to of 17183
 
No Fortune 500 company is cutting R&D, and are only delaying IT spending. They will make it to the future, and that means they will have to spend more on It after this slowdown and the recovery is in sight. There will be much more intelligent and smart buying, but the pent up buying and modernization demand will be HUGE. Expect a pre-recovery rally that will skyrocket the price of EMC and NTAP. Even if the bear market continues, these companies have the money, and create data and content daily, they have to store it, its their most valuable asset, and this helps the storage companies make, and exceed their earnings.
I am,
Truly your$,
-Crystal Ball