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

To: space cadet who wrote (6061)4/29/1999 3:12:00 PM
From: VFD  Respond to of 17183
 
It has been almost 3 weeks since I checked this thread and it is amazing how quickly sentiment changes.
I guess it pays to think long term. I for one could care less about the DMA's and the TA's and the whatever's let alone the daily ups and downs of the market.
Quite frankly I do not know how some of you can sleep at night.
I check my portfolio every other week or so.
I think this is a great company that is going to make me a lot of money over the next 2/3 years, so why worry about its price now.
See you around earnings time in july.



To: space cadet who wrote (6061)4/30/1999 6:59:00 AM
From: JDN  Respond to of 17183
 
Dear Space Cadet: I can agree with most of what you say. I would like to point out though that IF EMC earnings increase 50% as before (which I dont see why they wouldnt if revenue increases over 30%) then the PE ratio which concerns you will seem quite low for such a continually rapid growing company. So, the bottom line is we may have some problems between Point A to Point B but in the end all should be OK. JDN


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