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


To: Chris Carlson who wrote (12507)3/22/2001 2:06:27 PM
From: JDN  Read Replies (1) | Respond to of 17183
 
Dear Chris: Well, if he's right, and I've never known him to be wrong, this is a heck of a bargain here. JDN



To: Chris Carlson who wrote (12507)3/24/2001 3:12:38 AM
From: Jacob Snyder  Read Replies (1) | Respond to of 17183
 
You know, I'm rather surprised by this, and I'm not sure what is going on.

1. I'm surprised that: the company thinks they can increase sales by 35% this year, in the face of businesses cutting IT spending, and the U.S. and Japan maybe heading toward a recession

2. I'm surprised that the stock didn't jump up strongly. After all, when they said they would do only 25-35%, that was a reason for a big sell-off, so reversing that guidance ought to reverse the decline the stock made on that news. Lots of the other techs have had a strong couple of days, 3/22-23. Why not EMC?