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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: cnyndwllr who wrote (2242)3/22/2001 2:21:19 PM
From: Think4Yourself  Respond to of 23153
 
Here's a good reason to NOT buy telecom companies.

Dead Dot-Coms' Equipment Available

dailynews.yahoo.com



To: cnyndwllr who wrote (2242)3/22/2001 2:37:05 PM
From: Gottfried  Read Replies (2) | Respond to of 23153
 
Ed, "CeBIT-EMC rides out slowdown, 2001 growth on track"
By Eric Auchard
Thursday March 22, 1:44 pm Eastern Time

>HANOVER, Germany, March 22 (Reuters) - EMC Corp. (NYSE:EMC - news), the top maker of information storage equipment, said on Thursday it was insulated from a global spending downturn by unquenchable data demand and is on track to lift sales by 35 percent in 2001.

Speaking at a news conference at the CeBIT computer trade fair, EMC Executive Chairman Michael Ruettgers sought to distance himself from the gloom that has descended on the technology world as fears mount that a U.S. spending slowdown may spread to Europe and Asia.

``We believe that those of us in the storage industry have particularly strong recurring demand (which) will allow us to hit the $12 billion growth target,'' Ruettgers said of the company's growth goals. EMC had sales of $8.87 billion in 2000.
< [snip]

biz.yahoo.com

Incredible statement!

Gottfried



To: cnyndwllr who wrote (2242)3/22/2001 2:56:35 PM
From: hdrjr  Read Replies (3) | Respond to of 23153
 
Feel your pain, I bought DNR and KEG this morning. Why? o Why? What was I thinking? Have an order for PETD at 6, but no body will sell.

Would like to buy back in to XTO that I sold two weeks ago, but see it going down further, 22-23ish.

Interesting times, any technical predictions on DJIA next support level, I had 9570 which held a few hours yesterday, I do not see anything below left to dig fingernails into.

hdr