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


To: Tony Viola who wrote (5104)3/26/1999 3:22:00 AM
From: Daflye  Read Replies (2) | Respond to of 17183
 
M Ruettgers has made the transition from running a company to running a stock. It's weird, it's all about ego now at EMC. For months before the split announcement the scuttlebut was that the management wanted the stock price to base above 100 before splitting. They didn't want a "cheap" stock. They were quick to come on CNBC to defend the valuation, if CSCO can trade this high so can we (or somethin' like that). They are right in that respect.

They are tired of being the best performing stock that no one has heard of.

Hey I still love the company, but I just think their ego is gettin' a little outta control.

Cheers,
D