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

To: Michael W. Brom who wrote (6378)	5/12/1999 2:05:00 PM
From: dg	Read Replies (4) \| Respond to of 17183

Yes I think they are paying up for good strong companies. But, I have understood the reason for these high multiples is for basically internet companies with revenues that are expected to grow exponentially. EMC, will have controlled growth , which is great, but I still do not think the high multiples can be sustained. With that said, I am still a long tern holder but will probably look to lighten up on some of my holdings when the price gets around the 115-135 point. My feeling is if it can get past 116 then it can go to 135. If it retreats from 116 I will lighten up. I recently sold a few thousand shares at 112. I love the stock, but the run-up has just been too much. How can it keep going up at this rate?? Does anyone have some other stocks that they like here that will possibly have this kind of growth into the future.