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

To: gmccon who wrote (14186)	4/26/2002 9:38:17 PM
From: JRI	Read Replies (1) \| Respond to of 17183

4 bagger on a short? Now this (explanation) should be interesting....

To: gmccon who wrote (14186)	4/27/2002 12:01:02 AM
From: Gus	Respond to of 17183

Even better, if you had sold EMC short a year ago, you would have 4-bagged. Care to explain this violation of the laws of physics?

To: gmccon who wrote (14186)	4/27/2002 10:24:47 AM
From: John Koligman	Respond to of 17183

My comment was specifically in response to your comment on EMC going to 4. I really think it would not be around to 'go back up' if it got to that level because of a takeover. At 3.5 billion net of cash, even with a nice premium I think one of several cash rich large techs would jump at the opportunity... Regards, John PS - Yep, they do sometimes go back up, but lots of firms that don't roll with disruptive technology never come back. Many years ago, it was firms like the 'BUNCH', Polaroid, Xerox. Then the next generation, like Wang, DEC, Tandon, etc. etc. These days, isn't it quite amazing how some of America's most prestigious tech firms are selling for 3 bucks a share... (WCOM/LU/NT) As for better plays, gold has not been too bad...