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

To: Craig A who wrote (5369)	4/13/1999 7:39:00 AM
From: James	Read Replies (1) \| Respond to of 17183

My guess is that you will see EMC start to chase $145.00/ share as earnings start to approach. Why? EMC will report better than expected earnings on the 20th, and this will no doubt cause many analysts to raise their estimates on EMC's full year earnings. Look for about 42-44 cents, instead of the consensus 39 cents. Bottom line, if EMC is on 'sale' at under $135, start accumulating. The stock will start to make one of its aggressive upward moves. IMHO, we will see a support level of $150-160 by the end of May. This is just my opinion, nothing more. Do your own DD before investing. Cheers, James