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


To: John Carragher who wrote (5000)3/20/1999 7:46:00 AM
From: SJS  Respond to of 17183
 
John,

Normally, I'd agree with you. Technically, I hope the large market reversal we saw Friday doesn't put us (with the entire market) in a funk for a while. I think EMC might retrace, a little.

Which would be fine, too. Let some people who don't want to pay in the 120's (and let those who want to write puts........) participate, before the next leg up.

Saying "keep your cash ready" doesn't mean anything anymore because there is ALWAYS cash ready for this stock!!

Steve

PS: Congrats on "5000"!!!



To: John Carragher who wrote (5000)3/20/1999 8:47:00 AM
From: Boplicity  Respond to of 17183
 
As always news matters more then TA.

Greg



To: John Carragher who wrote (5000)3/20/1999 11:33:00 AM
From: Tony Viola  Read Replies (1) | Respond to of 17183
 
John, Re: "Barron's top 500
companies (cover page) released today and showing emc as number 4 will get it
moving. imo John"

EMC #4 based on what?

Thanks.

Oh, a tidbit of information from another thread, LSI Logic, quoted from a phone discussion with LSI IR:

The storage business in general is going gangbusters, and LSI is
very pleased with its Symbios purchase.


Symbios, for those not familiar, makes SCSI, RAID and other I/O protocol control chips and boards, and arrays of hard drives, like nineX18 Gigabyte drives in a rack. Both of these types of building blocks are used in EMC's large storage boxes, whether for mainframes, open systems, NT, etc. Anyway, what's good for little old Symbios must be good for EMC. Actually, Symbios cost LSI about $860 million, so they're not that small.

Tony