To: musea who wrote (23604 ) 5/6/1999 2:32:00 PM From: Sonny McWilliams Respond to of 27012
Hello musea. Thanks for the article on EMC. I have been checking it out a bit and am surprised of this upside move in EMC on a day like today. I also thought that the statement by HP about outdated stuff by EMC seemed a little strange. If this is their feeling, you would think that they told EMC about it prior to this. Nothing was mentioned on that score. Anyhow, EMC may go up but I will pass right now. I already have investments in sev. cos. with question marks hanging around their neck. Greenspan. I don't know. Saying that things always have to come to an end, was not something the market likes to hear. He put quite a few question marks on the table if you listened carefully. He also talked about prev. trends compared to todays trends etc. and I really thought that he more or less talked today just for the sake of talking. Just my opinion. Mused again about our marvelous economy and wondered how long we can pull everybody along or how well we have pulled those economies along and then mentioned that some of those economies are getting stronger blah, blah. I like what Greenspan has done and is doing, but today was NOT his best speech in front of those Bankers. I think he meant to throw a cold shower on the market. Anyhow, the Bond market seems to be of the same opinion I have today. gg. About this Ha, ha yesterday. Yes, I certainly do know that you were reacting to my statement about more turbulence before we reach that 41,000. I just made sure that you knew that this 41,000 was a target price by this author. I know it was not clear when I said: So, no ha, ha. gg. I did not expect another turbulence so soon. I was hoping for another nice day today. I had been more worried about tomorrow with employment numbers coming out. But, then again, Greenspan always moves the market one way or another. Sonny