VMW has market capacity 42.38B; EMC own 80% of VMW which is 33B; EMC market value is 54.1B. Does that mean, excluding VMW, the rest of EMC only worth 21B? EMC's 2012 Profit is 2.7B, deduct VMW's 745m, EMC has its own 2B profit, what the heck! 2B profit company only worth 21B and the EPS is 10. Consider the size, business span of EMC, I think it should be at least 50B company and adding the 33B stake in VMW, EMC's total market cap should be 80B, translate into share price, it's 50% more than today's value. Anyway, I'm loading up both of them and more on EMC side.