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

To: Boplicity who wrote (4550)	2/25/1999 4:48:00 PM
From: JRI	Read Replies (1) \| Respond to of 17183

Greg, nice bounce in EMC off 100 today...don't know if you saw my earlier post here (yesterday?) but I said 100 will be a bugger to break...would take a major market breakdown to do it...Came close today, but nice bounces all the way around... I actually feel pretty good here...I mean, at these levels, c'mon, how much lower are the bonds going to go? Even the traders got to a point today and said, "Duh, there's no inflation, and Greenspan is not going to raise rates"....why are we so bearish? After the easing from Japanese repatriations, and April tax payments start flowing in (lowering the number/amount of auctions), the bond market (and stocks..especially big-caps) will recover.....April latest...and probably sooner.......yes, even Dell....(Know you don't agree with that...) See ya 'round...

To: Boplicity who wrote (4550)	2/25/1999 7:58:00 PM
From: John Carragher	Read Replies (1) \| Respond to of 17183

Gregory I believe oil will not move much this year. It needs the far east etc to open up demand and its just not there. Also Saudi and company can't shut down because they are so in debt on their spending programs so its catch 22..... This is why Mobil/exxon are merging they see the long term picture( they also have huge investments in new equipment in far east and no returns..). If this was short term you wouldn't see bp.amoco etc consolidating. imo