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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: Bron-y-aur who wrote (38078)	5/4/1999 2:56:00 PM
From: Joe Hoek	Read Replies (1) \| Respond to of 120523

EMC bumping it's head on 100 - can't seem to get above it. ML reiterates buy rec. Company says they anticipated the HP move, says any lost sales will be negligable, and hired more sales people and maintain their growth forecasts. This may be "dead money" for a short time, but I think it's worth watching for a long term position or even a quick trade if things turn around quick. If it can close above 100 ....

To: Bron-y-aur who wrote (38078)	5/4/1999 2:58:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

#2..WL May 4. I chose it because the sectors that were weak because of overseas problems (Japan, Brazil) had begun to strengthen of late. It also had a double top point & figure breakout yesterday. Very many big blocks went through yesterday. But if you notice the stochastic was a little overbought going into today, although I've seen that before and it hasn't effected the stock. It could just be with the super 'exposure' this stock has it tends to be prone to profit taking. I don't recall it being down this much in one session in a while. But I chalk it up to the general reversal and profit taking of the DOW and the rest of the market is not that hot either.