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


To: t2 who wrote (12802)7/5/2001 7:09:53 PM
From: Road Walker  Read Replies (2) | Respond to of 17183
 
NV and Jacob,

re: To me the storage story just comes down to how the economy does. If it recovers, these stocks go higher....actually the economy does not need to turn up that much for them to do well as long as internet growth continues.

I'm one of the folks that subscribes to the opinion that storage has to grow, despite the rest of IT spending. So utilization of current storage is probably going up, as companies try to save IT dollars. But ultimately, they are just delaying the purchase, and the longer they delay it, the larger the purchase will have to be. MHO.

So is EMC a good buy tomorrow at the open, I believe it will be, but I'm not sure of the timeframe.

John