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

To: VFD who wrote (3547)	1/6/1999 8:06:00 AM
From: JDN	Respond to of 17183

Dear Diego: Well, it sure appears that way, but I think that sooner or later we will come up against a brick wall--meaning the P/E ratio will so far exceed the Growth Rate that stock will either pull back or rest until the fundamentals catch up. Right now, I think we are a little like an internet stock. Everyone can see that THIS is the stock to be in for the future but the future is not here yet. Now of course, if the growth rate speeds up more than forecast then just maybe it will happen sooner. But, I think if we are willing to accept 150 by 2001 we should just sit and hold and add if there is any kind of significant pullback. I am pleased as punch with this stocks performance and only sorry I didnt add a lot more some time ago when I first realized DATA STORAGE would be the big thing. JDN