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

To: dennis michael patterson who wrote (6052)	4/29/1999 9:42:00 AM
From: JDN	Read Replies (1) \| Respond to of 17183

Dear Dennis: WHAT--me worry?? Nah. Only trend I see is fantastic increasing revenue and earnings for next few years. haha. Forget the intermediate NOISE. JDN

To: dennis michael patterson who wrote (6052)	4/29/1999 11:51:00 AM
From: JRI	Read Replies (2) \| Respond to of 17183

Dennis- While for some technicians piercing the 50 DMA would be a fairly significant cause of concern, let's compare it to what is going on in the overall market: Huge money inflows, broadening of the market (successive rallies, also, in oils, financial, consumer durables, etc)..small cap index up, NO inflation...including wage inflation, great earnings from techs, transport close to confirming old highs.. Oh yeah, and EMC is singing the same song as before..no change, not even for Y2K... Under these circumstances, I can live with a problem with the 50 day DMA....There are other technical and fundamental strengths in this market (some listed) that make me feel good going forward... (Oh year, did I mention, lack of confirming data of Y2K hardware slowdown...) I'll take current conditions anyday...money will be back soon..