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EMC Corporation Message Board

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  • yo_roe yo_roe Jan 23, 2012 2:18 PM Flag

    Betting on a Miss

    Maybe not a STEC-like whack, but it doesn't cost much to bet on a miss here, with good upside if they do.

    I think IBM (and ORCL) did poorly with their storage-related offerings (is that correct), and EMC may be holding up due to sympathy w/IBM. But IBM missed on the top line, and EMC may not be able to provide the type of positive guidance IBM did.

    I was betting WITH VMW on calls that expired last week, thinking it would rise higher into earnings. Weakness in VMW stock would concern me, if I were holding EMC right now.

    I'm usually wrong with my out-of-money option bets, by the way (although made a killing with ORCL).

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