First, it would be just plain stupid to trade
ahead of earnings with the stock down.
anticipated this when I suggested that folks start raising
cash. However, I not ready to call this a "correction"
yet. The NASDAQ could jump 100 points
Finally, it's ludicrous to look for a cause in the EMC
drop when the entire tech sector was sold off today.
I read the other day that DISC (DCSR) and EMC are
discussing a possible strategic alliance. EMC has done very
well taking advantage of the rapid growth of demand
for storage. Is the Optical storage market the next
big area to be developed?
Does anyone know the
Optical Storage market. DISC is apparently a leading
provider of optical disk storage systems.
how this will play out but DISC is up 50% in the last
I found a great new Internet company. They pay
you to surf the web. They even pay you when your
friends are surfing the Web.
(Which is why I have my
ID# BAG-557 as the last six digits in this hot
Hit the link now. Sign up (less than a minute - NO
SURVEY) and then go tell your
That is a wise move...ie, to take some money off
the table if you have been in for a while. I`m just
waiting to get in for the FIRST TIME! Funny, when
researching the stock on Schwab, I pulled up an analyst
report (Credit Suise-Boston) (a BUY) dated March 2 ths
yr....Do you know what the price of EMC was THEN? I hope
you`re all sitting dowm......$99.75!!! That was SIX
WEEKS AGO!! The stock has run up over 30% in that
period!!! People...this stock is WAY OVER DUE to pull
back!! I`m looking to get in at 115 (maybe 120). The
odds are that you will see 115 BEFORE you see 130
again. In fact I wouldn`t be surprised to se it trace
back to 100!!Good luck to all....
I disagree- I really don't think we'll see 110. I
undersstand that we have had a great run up, a slight pull
back in order, however, in my opinion, being the
entire Nasd. was down, what, 71 pointsw, this is to be
expected. However, EMC is solid coomapny, its fund. are
excellent as is its growth prospects. I think if it's good
enough for the IRS, it's OK for me. These are my
You don't give folks who are on this board much
credit. People have been following this stock for a long
time so we know the price six weeks ago... EMC will be
at 175 in the next 12 months. That's from employees
inside the company.
Long on EMC and ready to buy
more on dips.