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


To: JDN who wrote (5943)4/22/1999 8:58:00 PM
From: Gary  Read Replies (2) | Respond to of 17183
 
My concern about earnings going forward is the fact that IBM,s storage profits whent down in the last quarter. If the storage market is increasing at such a fast rate it is reasonable to think EMC stole it all and that IBM couldn't get even enough to keep sales up to last quarter?
I'm long EMC but it is languishing in a hot market without retracing it's path back to the $120's at least. Does the market make an observation about IBM's storage earnings?
Nay comments? I'm only in a stock to make money.No love affairs!



To: JDN who wrote (5943)4/22/1999 9:52:00 PM
From: t36  Read Replies (1) | Respond to of 17183
 
concerning todays stock non-movment..this is just my opinion..ive been in this stock for a couple of years..emc trades like this every now and then..all stocks have characteristics in their trading patterns..emc can trade back and forth in a range and then it shoots forward with alot of momentum..i think we are in one of those patterns in which it will trade maybe between 110 and 118..and then it will finally get legs...just my personal observation..



To: JDN who wrote (5943)4/23/1999 9:01:00 AM
From: Michael W. Brom  Read Replies (1) | Respond to of 17183
 
JDN,

so, making any $$$ this week? EMC had a nice run on wednesday and stalled a bit yesterday. i'm in for the long haul, though, so as long as it keeps going up ...

are you in EMC with both feet now?

michael