Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: stock_bull69 who wrote (5025)	3/21/1999 3:39:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 17183

Steve: (1) EMC has recently moved from 109 to 96 (twice) then to 122. If this market corrects, as it will in April, 110 will be easy. But this is just a prediction! (2) Dell is dead money for the forseeable future. IMO, its over. "It" is the incredible growth. Only the internet stocks have that growth now. Look at IBM and CPQ. Same story. This will change, I grant that. But we are moving into the season of weakness for these stocks. Dell will not break 50 for months (3) AOL will easily fall 10-15 points from where it is now. What doe I base this on? WHen it was announced that AOL would go into the SPX the stock went from 120 to 170, only to then touch 135 intraday. I was there. I bought more at 138. You'll do fine with EMC. But it IS a volatile stock in a dangerously overvalued stock market. Just play the volatility, if you like.