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


To: Daflye who wrote (5811)4/20/1999 11:12:00 AM
From: MU Lation  Read Replies (3) | Respond to of 17183
 
Would someone please call Ted David at CNBC and tell him that EMC does not make disk drives!

Great interview of EMC CEO just on CNBC, but everyone still links EMC with the drive makers.

MU



To: Daflye who wrote (5811)4/20/1999 11:18:00 AM
From: Andy H  Respond to of 17183
 
Today may be the spike low we're looking for. The specialist has been outrageous with his spreads today. This is an inexcusable practice for a high volume stock like EMC. It appears the specialist may have been hitting stop orders with the rapid fire $1 moves. He was moving the stock down in $1 + spread increments on the way down-same thing on the way up. I had to place orders with a $3 NYSE spread at 95 by 98. This is inexcusable. It was 100 by 103 just before I began to type this.

The stock turned as soon as the $1 spread moved to the upside rather than the downside at $94 by $95, up from $94 by 94 and small change-the first large uptick on the ask all day. By the time I typed in my order, the quote had moved to the $95 by $98 mentioned above. Let's see if we can hold over $100.