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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (34069)	4/15/1999 12:12:00 PM
From: Joe Hoek	Read Replies (1) \| Respond to of 120523

EMC is a monster...... But I've got no cash!!! Buddy could you spare a few hundred shares? <VBG> Guess we'll have to see what the next week brings with earnings on the horizon...

To: Jerry Olson who wrote (34069)	4/15/1999 12:59:00 PM
From: Spartex	Respond to of 120523

I agree. But finding the right time for entry is an art. Its not soley what to buy IMHO, its also "when". EMC was very very cheap 3 years ago, pre-gorilla. I have the same feeling about NOVL 15 months ago. Its just now getting onto the radar...but has a LONG way to run. Those are the kinds of opportunities I look for using my entry methods. But you seem to play options/trading strategy, which isn't my method, but can lead to much success. Good luck! GO!

To: Jerry Olson who wrote (34069)	4/16/1999 8:41:00 AM
From: Spartex	Respond to of 120523

EMC downgraded by NB Montgomery, from "buy" to "hold" FWIW... biz.yahoo.com also from yesterday... Thursday April 15, 1:56 pm Eastern Time EMC reiterates 1999 optimism after stock downgrade NEW YORK, April 15 (Reuters) - EMC Corp. (NYSE:EMC - news), the top supplier of corporate data storage equipment, repeated Thursday that it expects 1999 earnings and revenue growth of more than 30 percent, after a brokerage firm lowered its rating on the stock. EMC shares fell as much as $12.8125, or 10 percent, to $112.25 in early afternoon trade on the New York Stock Exchange, after NationsBanc Montgomery Securities published a survey of corporate customers showing slack demand for data storage. NationsBanc Montgomery on Thursday downgraded shares of several computer storage companies, including EMC and advised against further purchases of EMC shares. Hopkinton, Mass.-based EMC cited its own recent customer survey to counter the report by the brokerage firm. The company said its survey indicated that enterprise storage spending will remain strong throughout 1999, adding that it continually surveys customers regarding future spending intentions and satisfaction with EMC products and services. Its latest survey included more than 250 customers and was conducted during the first quarter of 1999. The drop in EMC shares also followed a warning earlier Thursday by Storage Technology Corp. (NYSE:STK - news), a struggling rival, which said Thursday that slower sales of its more profitable products would cause first-quarter earnings to miss Wall Street expectations by a dramatic margin. That announcement prompted Storage Technology shares to plunge as much as $8.25, or 32 percent, to $17.8125, in trade on the NYSE.