Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Road Walker who wrote (12817)	7/6/2001 3:17:36 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 17183

Doubled up on EMC at 22.4. On further weakness, I will probably start buying LEAPs (2004 calls 30s or 40s). Sold my final put position (in NVLS) today, so I am now 100% long the market, as I was at the beginning of April. I haven't decided yet whether I will sell some or all of my EMC on a rally, or hold longterm. If this is the bottom, we will probably need to retest it sometime in the next few months, before any sustainable rally happens. The valuation is good enough, to consider holding longterm. I may lighten up some, in increments, on rallies to 28, 37, 45.