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


To: JRH who wrote (5327)4/7/1999 9:53:00 PM
From: SJS  Read Replies (1) | Respond to of 17183
 
Merrill pushing EMC - hard:
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.......Today's session had started off on the right foot, with technology shares marching higher for the fourth day. But cautious words from Merrill Lynch tugged computer-related shares underwater, where they stayed for the rest of the session.

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Merrill also served up comments on other computer-related companies and technology segments. The broker believes EMC (EMC) and IBM (IBM) might better Wall Street forecasts of first-quarter profits. Stock of the former tacked on 3 3/16 to 134 3/8, while shares of the latter were ahead 3 1/2 to 186 1/2.