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

To: Tony Viola who wrote (12589)	4/11/2001 11:08:24 AM
From: JakeStraw	Respond to of 17183

>>Hope he's right. TV, He will be right at some point. :^)

To: Tony Viola who wrote (12589)	4/11/2001 11:11:16 AM
From: hamsandwich	Respond to of 17183

OT I wouldn't mind seeing Joseph be right either. I'm guessing though that we could see more bad news and make it to a BTB similar to 1998 (.6ish), which implies more downside. Additionally, I don't think semi-stock prices have reflected the downturn in bookings and this may extend the down on the individual stocks and SOX. Interestingly enough, this last big bounce up was enough to get a bunch of stocks up to their maxpain levels. EMC included (showing a maxpain of 35). That implies to me that we will decline into expiration. BWDIK