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


To: JDN who wrote (4406)2/18/1999 11:22:00 AM
From: Boplicity  Respond to of 17183
 
Best Buy, EMC Likely to Split Stock, Right Line's Perry Says

Minneapolis, Feb. 18 (Bloomberg) -- Best Buy Inc. and EMC Corp. are likely to split their stock as a strong U.S. stock market encourages stock splits, Right Line Split Report President Roger Perry told cable financial news network CNBC. EMC makes information storage devices for computers, while Best Buy is an electronic retailer with about 300 U.S. stores. ''We like the big name stocks'' for stock splits, Perry told CNBC.

Best Buy Inc. said in April it would split its common stock 2-for-1 to make its shares affordable to more investors.

CNBC 2/18 www.cnbc.com)

08:03:58 02/18/1999

For more stories from Bloomberg News, click here.

(C) Copyright 1999 Bloomberg L.P



To: JDN who wrote (4406)2/18/1999 11:33:00 AM
From: Gary  Read Replies (1) | Respond to of 17183
 
Yes I will let you know when they signal the all claer for buying again. They did on Oct. 28 after a tough 3 mos. and it turned out very well.They don't forcast the future for the market but rather it's current health.