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

To: Daflye who wrote (4684)	3/5/1999 11:10:00 AM
From: SJS	Respond to of 17183

I would love you to be right, as my long 100 calls would be worth 12 and my short 115 would be worth 0, and that's just the way I like it for my bull spread. However, I don't think 112 is realistic unless this market turns on the afterburners, and it's already done 400 points (so far) in 2 days. You've got a warning period that starts next week and runs for 3 more weeks. Enough warnings from tech stocks will give a pause, and not allow a generally bullish tone. EMC is gonna do what's good for it, but it IS affected by the overall market. So....I think 105 to 110 is about right. Steve