Sun, Dec 28, 2014, 6:28 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

EMC Corporation Message Board

  • ggiul1256 ggiul1256 May 7, 2001 12:52 PM Flag

    JNIC ?

    looks like a better buy (jnic) than (emc)
    I am holding to $40

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Time to Buy
      By James J. Cramer

      5/7/01 7:33 AM ET
      Click here for the latest from James J. Cramer.

      The employment number hasn't been this weak since... February 1991! How many times did you hear that phrase on Friday? And people wonder why the market went up?
      Anyone who has played this game over a 10-year period knows that February 1991 was one of the last great buying opportunities for just about every kind of stock imaginable. I played it last time with a big infusion of cyclicals, banks and tech. Others played it just with tech, and still others made a killing in the bond market as the short rates came down dramatically and the long rates stayed high.

      It was the best of all times for financial instruments, with a Fed motivated to bring down rates and companies getting the benefit of a yield curve that allowed them to buy cheap inventory and create merchandise with big margins.

      That's what is going to happen now. That's why the stock market made sense on Friday. Don't out-think this time. You will regret it. If you are still fighting this tape or still carrying maximum cash reserves, you must deploy into any weakness.

      This is such a bullish moment that even the troika, Cisco(CSCO:Nasdaq), Sun Micro(SUNW:Nasdaq) and Oracle(ORCL:Nasdaq), no longer bothers me as an investment concept.

      Wow, that's saying something.

 
EMC
30.89+0.20(+0.65%)Dec 26 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.