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

To: dennis michael patterson who wrote (4350)	2/11/1999 8:23:00 PM
From: Lynn	Read Replies (1) \| Respond to of 17183

Dennis, I really know nothing about calls other than if a certain price is reached, I have to sell my shares at some predetermind price. Although this is all I know, if I had the time to learn more (fast) I would write calls against my shares. Its not that I don't want to continue holding EMC, its that I do not have to worry about paying capital gains if I get called-out (if that's what its called) because the shares are in my IRA. Lynn

To: dennis michael patterson who wrote (4350)	2/12/1999 9:36:00 AM
From: SJS	Respond to of 17183

3. Bullish Consensus on EMC (EMC) Thursday, February 11, 1999 Today's market volatility is prompting cautious signals from many investment advisors. This is particularly true in high tech issues as many fear stock prices may soon fall as fast as they rose. But one exception is EMC Corporation (EMC), the world's number one seller of mainframe computer disk memory hardware and software. The firm's Symmetrix products provide memory storage and retrieval systems for mainframe computers as well as for PCs. EMC is a "buy" amid a sea of "sell," "hold," "wait" and other caution signs for today's hot stocks. For example, EMC is one of only two "buys" for aggressive growth stock investor Carlton Lutts (the other is the ISP Mindspring). "The king of data storage continues its strong growth trend," Lutts says, noting that eight of the 10 largest ISPs use EMC storage. "As the recent fourth quarter demonstrates, the company is hitting on all cylinders," says legendary market timer Dan Sullivan. He points out that this was EMC's seventh consecutive quarter where both revenue and net income grew in excess of 30% on a year-to-year basis. Sullivan maintains a "buy" recommendation on EMC with a mental stop of $91.50. The stock closed at $98 on February 10. Gregory Spear, who tracks a handful of top advisors, reports that Louis Navellier (MPT Review), the Timer Digest and the Value Line Investment Survey also maintain "buy" recommendations on EMC Corp. For more on Carlton Lutts' recommendation see "Cabot Model Portfolio," January 28, 1999, The Cabot Market Letter. Growth stock investor Carlton Lutts uses fundamental analysis and looks for upward market trends and positive stock momentum to identify tomorrow's superstars before their share prices soar. investools.com