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


To: Frankie who wrote (4838)3/11/1999 11:26:00 PM
From: Boplicity  Respond to of 17183
 
I only have a comment about the common. EMC is bumping up against it's upper channel line, unless EMC is developing sharper slope then in the past which I doubt, I feel EMC will give back some here. That said, one news story could change the out look regardless of how the chart, past fundamentals, or future prospects are. Because of the above, I give almost the same ans. to anyone that thinks longer term, add a little now, watch it, then add more.

Greg



To: Frankie who wrote (4838)3/12/1999 8:30:00 AM
From: Cosmo Daisey  Read Replies (1) | Respond to of 17183
 
Frankie,
EMC has returned the most money to investors in the last ten years of all the S&P 500 stocks except for DELL and it will continue to do it.
EMC is undiscovered except for the more enlightened investors. If you ask the group at the water cooler or at the lunch table which stocks they like or have even heard about the list will include AOL, DELL, MSFT, YHOO and INTC. If you watch CNBC every day for a week you won't hear EMC mentioned more than once if at all. If you mention EMC you will get the question "What do they do?" EMC is the best kept secret of the market, if the company was as popular as the above mentioned stocks we would be looking at $300.00 per share and a three for one split coming. Someday it will come. Now for the sad news, a friend of mine bought 10,000 shares of EMC when it was $7 a share, he got a margin call when it fell to $2. If he had held strong he would be worth about 15 million now. I like EMC at this price for the future when everybody knows what they do.
Cosmo