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EMC Corporation Message Board

  • investwisely1234 investwisely1234 May 16, 2013 10:03 AM Flag

    EMC riding hiher on the back of CSCO

    Not a good story, it needs to do it on its own. Lets see if it can get back to 25.50 and from there if it has any strength to get back to its 52week high..I don't see this stock getting to 29 or so by year end unless VMW makes a big profit and increase in its future revenue.

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    • All stocks in the market usually are dependent upon the others in that market segment. While you have indicated that EMC is undervalued what makes you think they are not doing it on their own?

      Mike

      • 1 Reply to mikejtomj
      • EMC is capable of doing it on its own, but for last few months it has not done anything to bump the stock up. Results are what is keeping them down and not forgetting the VMW short comings. If VMW can bump its revenue and EMC too comes up with better results, then they surly can make it higher on their own. I am all for EMC to see it make 30 by year end and if it EPS is near $1.85 then the market will reward them and you may see shares in the range of 29 to 32.. I will settle for 31 by Oct..

 
EMC
29.53-0.19(-0.64%)Sep 19 4:01 PMEDT

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