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


To: OLDTRADER who wrote (4493)2/24/1999 9:43:00 AM
From: Boplicity  Read Replies (1) | Respond to of 17183
 
Wellcome William. Did you sell some DELL to buy EMC? EMC grew as nearly as much as DELL has so, it has been a DELL like stock.

Greg



To: OLDTRADER who wrote (4493)2/24/1999 10:19:00 AM
From: PAR  Read Replies (1) | Respond to of 17183
 
William,

25000 at 108 = $2,700,000. In all honesty, if I had that kind of money I wouldn't be posting on a bulletin board; it be somewhere in the south Pacific with stocks as the last thing on my mind.



To: OLDTRADER who wrote (4493)2/24/1999 12:36:00 PM
From: JRI  Respond to of 17183
 
WBM- EMC (the stock) reminds me of Dell, circa spring 1998...Should be on its way to its 3rd consective blow-out year...

I would take 30-50%, however, from these levels...

My vision here is that EMC will join the other horseman, and receive a PE between 80-100 (and hold it) sometime during the year....I guess that would put at 50% or better, p.a.

One thing, as you know, can get investors in a lot of trouble, are imperfect (stock) analogies...I think if we are wrong about this, it will be because the market turns away from its bias towards large growing, (tech), big-cap stocks...If that happens, I will not be mad at myself...Given all variables out there, these seem to be the guys to stick with over the next many months...I am very comfortable with that bet...

EMC in a sweet spot here with impending split...shareholders meeting (May)...I think there is massive support below 100...