I worked in Electronics for 15 years before retiring and we had IBM and HDS large scale systems. As much as IBM tried to get us to use their storage devices they could not compare with EMC and believe me they have some great devices. This company is a steal and I'm going to do some stealing Monday.
until its price is settle down. A falling stock is like a falling rock, you don't want to catch it while it is still falling. I would buy it when price is in 18-19 range. Don't let your emotion takes over your judgement, there are so many companies with good products are suffering in their stock price.
Your work with the hardware devices should have helped you seen the balance change that occured when the SHARK device was released by IBM... I have a small position in EMC and some 22.50 puts for July that I sold, but they had opportunity to move more into software and certainly fell short... In my mind they need to begin growing revenues in the software field or they will have an increasingly difficult time growing revenues and an even more difficult time on the profit side..