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EMC Corporation Message Board

  • hosedraggers hosedraggers Apr 3, 2008 10:20 AM Flag

    Scooter????

    Have nt messaged you in a long time....What do you know right now or what do you think is going on with EMC????? Is everyone laying low till earnings???? Tell me what you are thinking. .....Thank you

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    • Welcome back Hose.... were you to busy fighting fires....

      Always remember this order: market, industry sector and individual stock. The market is starting to build a base upward after a double bottom. If the DJI and NASDQ break through 12,700 and 2,400 respectively, that will set the stage for more upside.

      Getting back to EMC... As I have posted in the past I have no position except for making quick trades when the opportunity presents itself. I am waiting for the Q1 results and expect they will meet the earnings expectations again. How this will affect the stock price is anyone's guess. Actually, I hope the stock goes lower because my plan to start accumulating at a 10% position (of the allocation I plan to make for this individual stock) and keep adding on the way up.

      My target is 30 by 12/31/09. Based on business growth and the value unleashed from the VMW trust. Let's say the stock reaches 21-22 just like the last time I sold my positions before the stock went crazy to 25+. I might pull the plug again depending on market conditions.

      Remember, this is only my opinion based on my investment experiences and a 35-yr career in the computer industry.

      • 1 Reply to scooter0619
      • Thank you....The market has been in a way that I just stayed away.....Ultimately I know EMC is a good buy....I just needed to stay away......Other sectors seem to be moving, the market seems to maybe of hit somewhat of a bottom, and maybe some more interest will come in this month....Also I know earnings will be coming in on EMC this month....and I would love to know what others who pay attention all the time on what they think....Also I know lots talk bad about you, but I think you most generally give honest advice....I hope you have a great day....

    • Don't bother simpy_scoot right now. He's busy with his shine box.

 
EMC
28.70+0.16(+0.56%)Jan 23 4:00 PMEST

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