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

To: ratan lal who wrote (14218)	5/5/2002 9:57:38 AM
From: Marc Bourgault	Read Replies (1) \| Respond to of 17183

Yeah ! The key is volume. The lower the stock gets, the more increase there is. More than 30 million shares, Friday. Typical of market turnarounds. Watch for a day in the next week or two when all the decide the bottom has been reached. All are going to want to load at the same time. In a matter of hours, things will reverse big time. Time for the shorts to start watching their ass, the long road to recovery will have begun... Too late for me to sell anyway. I bought in 1995, and have held up to the same number of shares, though, I have sold some only to buy again. I'm still making money on this one, but never like I was two years ago. I still have great confidence in management, and, like you said, market conditions tend to change. For me there is no contradiction between a NASDAQ at 1300 and a NASDAQ at, say, 7000... Time frames between the two can be very narrow, as was a NASDAQ at 5000 and the current level. Companies like EMC have suffered a lot but are improved in many ways, and well positioned for the inevitable pick-up in activity that will follow this downturn. Pricing power will come back. Imagine when all those clients who have postponed improving their systems decide, more or less all at the same time, to get on with life and start investing again. Business brutally came to a stop, it will start moving again, just as suddenly. How are companies like EMC, that have severely down-sized their operations, going to manage ? Relax everybody. From here, things have got to improve if you have the patience. In the meantime, summer is here, (or coming at a lake near you, in Canada where I live...), and, fortunately, there are still things we can enjoy. Cheers !

To: ratan lal who wrote (14218)	5/8/2002 11:12:36 PM
From: Toby Zidle	Respond to of 17183

Your analysis is so simple! "Remember a stock is worth only what people are willing to pay for it." It's amazing how hard it is for people to accept this. Everyone wants to deal with what a stock 'should' be worth, and then assume that it's a riskless trip to that point. No one tries to bother to understand why the stock is priced at today's price -- unless they write an essay on market maker manipulation.

To: ratan lal who wrote (14218)	5/23/2002 12:21:15 PM
From: Crystal ball	Read Replies (2) \| Respond to of 17183

Manipulation can not keep a good stock down forever. That is what is happening now, and the regulators and politicians are AFRAID of the economic power of those who are basically STEALING from the rest of the market investors. But that can not last for long. Self interest and basic math prevents it. Short Sellers can flood a good stock like EMC with sell orders and drive the price down, and buy to cover their shorts. But when you are at the bottom, it can not go down anymore, so short sellers also lose on any continued conspiracy to sell short. Short Sellers and market manipulators have to let the stocks rise, so they can then short sell again. Eventually the economy, that is, contracts to fill increasing inventory and supply chain demand, that is, EARNINGS INCREASE, and this drives the stocks back up, many times taking short sellers by surprise, and they get knocked out of the market for a long enough time to allow the stock to rise back to former highs while the stock also get continued support from higher and higher EARNINGS. Storage will lead the markets in advance of the economy recovering. In these high tech better communication better computational times, the LAG or GAP will be less, that is, the time between the market recovery FIRST and the Economic Recovery SECOND will shorten, unlike prior times when this time period could be as long as a market recovery 1 quarter or 2 quarters in advance of the economic numbers proving the economy did recovery as "predicted" by the market (that is 30 to 90 days in advance). I see this time period now, could be only 20 days lag. That increases volatility this time around, since it also means the market recovery we thought would have happened right now was delayed forward (Cast Forwarding) towards the economic recovery. We are on the verge of the recovery now on all fronts. I am, Truly your$, -Crystal Ball