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


To: SJS who wrote (3153)10/16/1998 11:38:00 PM
From: jelrod3  Read Replies (1) | Respond to of 17183
 
Could be some doubts about making the whisper number of 39 cents next week.



To: SJS who wrote (3153)10/17/1998 3:00:00 PM
From: SJS  Read Replies (2) | Respond to of 17183
 
Nope. Options expiration. Classic symptom of how the stock behaves. I don't know about the earnings, but the stock wouldn't have gone up from the low 40's to 55 if the earnings "rumors" were floating around.

I think the earnings will be fine, but I will repeat that I think we may get led to the tacit perception towards a softening of the 30%/year growth, considering the state of world economic affairs.

I would be pleasantly suprised if they come out with a "NO CHANGE, we're on target at 30% and full speed ahead" comment.

We'll know very soon. I am personally going to hedge my long shares for just such an occurance.