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EMC Corporation Message Board

  • lws2000 lws2000 Mar 11, 2002 9:09 PM Flag

    ALL INDICATORS IN PLACE TO BUY

    All of the reasons below and the new article in "Worth" have been suggested as "Buy" reasons by several contributors. Stock picking and timing are always difficult, but it appears to me that we are going to have a breakout to the upside. Since storage is a lagging indicator the major breakout may not happen immediately, but I believe it will happen in 30 days or less. Shorts may be able to manipulate EMC for a while, but a floor around 11 seems to be in place.

    BORROWED REASONS:

    STIMULUS PACKAGE, INTEL IMPROVES, SUN STABLIZES, GREENSPAN ENCOURAGES, EMC RATED A++ BY VALUE LINE, FLOOR ESTABLISED AT 11, NETWORK STORAGE A LAGGING INDICATOR, JOINT VENTURE WITH DELL, INTEREST FROM IBM, FORTUNE 500 UPGRADING STORAGE.

    ALL FUNDAMENTAL AND TECHNICAL INDICATORS ARE POSITIVE FOR EMC. COMMON SENSE IS POSITIVE.

 
EMC
24.17-0.03(-0.12%)Feb 9 4:00 PMEST