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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 (4717)3/8/1999 2:43:00 PM
From: SJS  Read Replies (1) | Respond to of 17183
 
Dennis,

Opened the short leg of the bull spread with 110's this afternoon....
Now long 100's, short 110's.

Steve



To: dennis michael patterson who wrote (4717)3/8/1999 10:37:00 PM
From: Lynn  Read Replies (3) | Respond to of 17183
 
Dennis,

I hate to say this out loud, because I don't want to curse EMC, but analysts on CNBC, brokerage recommendation, everyone was saying CPQ was a 'buy' or 'strong buy' a few weeks ago. The more people screamed, "Buy," the more CPQ seemed to sink.

When I _heard_ EMC was dropping last week I could not even get myself to check its price. Not having any cash to invest until after April 15, I didn't want to look and see EMC at a post-Christmas clearance sale price.

Lynn