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


To: Jacob Snyder who wrote (14112)4/18/2002 8:56:06 PM
From: Jerome  Read Replies (1) | Respond to of 17183
 
Jacob...thanks for the cc notes.... the fact that this was a very down cc does not inspire confidence in the stock price. Its time to lighten up on EMC...Annoncements from others (CPQ, IBM, Dell and others) that they are targeting storage in the near future means increased pricing pressure for EMC

Politically...how things play out in the ME will significantly effect stock prices and EMC. Its probable that a ME period of non hostility will stabilize stock prices, oil prices and even cause enough optimism to rally our market and EMC with it.

My opinion is to keep some EMC, write cc against it for income and wait for a more optimistic outlook.

JMO ....Jerome