Any thought from anyone.
My own reading is that on current technical's it may go past 28 if market trend remains positive, I dont see Q1 being that positive since Tucci already stated he wanted to take large writeoff in Q1 for some layoff. So we could see a pull back if stock does move towards 28+. EMC also has a year share holder meeting coming up but that will be in May, at which time they may give a better indication to share holders that the revenue number they have stated publicly so far may be on the lower side ( 1 to 2bil short of what EMC will make in 2014), if that is true then u may see stock go in the 32-to 34 range. Combined with one or two brokerage house recommendations what i staed above is possible. I would like others input if possible.
the people who are saying, more down side to come like $3/share are right, JCP is dead and no future, You can stay long with the hope that one day it will come back, not so..Carry on waiting..
And the current price action says it will go down like a rock by Feb 24th, this is bag holders stock. I still say get out and move on, no hope of recovery, technical are also pointing more down side, since yesterday it has lost 50cents, that is 10% down don't wait for another 10% pull back.. Shorts are piling in..
That is what I read today, anyone else see that news, So all of you guys here are bag holders, dump it and move on, once market starts to go against a stock, there is no hope for small traders. Get out before 24th Feb..SO what they have a better quarter, it is not enough to save the bleeding company.
Silly at times, yesterday or few weeks earlier was a best time to buy NCT, to late for , train has already left.
Minimum price for NCT is 5.25, and it will get there and higher.
Another thing i noticed, today unfortunately most of the new share holders of NEWM are selling , again, a big mistake, hold it is worth 20..
BUT GDX is not going any where due to mining stocks are being dumped by everyone. So gold price is not reflective of GDX / NUGT price. Until such time people start buying mining stocks it is better to stay away . I would not recommend buying DUST either..
Good results but forward guidance did EMC in. based on $1.80EPS for 2013, we can see ourselves at 30 easily, and that is at 16 PE. at 20PE we can be 34 or 36. But a long wait..
As far as I know, EMC/VMW are on track on both fronts, just look around and see if any new company in their space has ben successful, I.E take away their market share. They generate enormous amount of free cash and they use it to buy off any threat. Which from time to time make me sick that they tend to take back seat / slow path ton integrating new technologies into their product portfolio. My concern is with the senior management , they are not very bright and don't push as hard as they should on innovation and change the statuesque. It is a great company, could do better under better leadership, Tucci is not that nor is Tuber, nor is Gouldon. Someone like Joel Schwartz could have taken it places but he is getting to close to retirement. Lets hope for the best for tomorrow.
With vmw results out, not bad yet EMC shares are being impacted, so tomorrow it is all up to EMC. If EPS is in the 60cent range we can see a POP if not we go down 5% to 7% more.
There is so much negative on EMC, and they give justifiable reasons, they slipped 3rd quarter, so did likes of ORCl CSCO, and that was lot to do with our Govt/republicans. Any how EMC pulled back on the Q4 revenue number, but since then has anyone looed at what new things has EMC released and has one come out and said that EMC is losing their market share. IBM did not do great in this space, keeping that alone in mind EMC must have picked up the slack.. So I am of the view that EMC will make 57cents and may be 60cents, based n that EMC EPS will be close to 1.80, so even at 16 time the earning stock is worth $28 and at 20 time the earning stock is worth $32. So why is everyone hammering the stock..Let hope EMC surprises everyone tomorrow so we can put the $25 number behind us and move forward..Good luck to all. I sure could do with some..
You are that everyone is coming out of the woodworks and predicting the fall of EMC. But do they really know, or it is all based on last few Quarter. I suppose it is better to be safe then to be sorry later. So half your investment and let the other half ride on the hope that EMC will have positive news for once. We know VMW did good and going forward it looks healthy. I just hope EMC can meet the target and give better foreard view.
There are too many people saying EMC will move higher in 2014, but as for this quarter, they all agree that EMC will not make its number, some are saying 16c, some 50, and on yahoo they expect 60c. That is a big delta, so no matter what EMC makes (under 60cents), they will tank this stock to get their big boys out of their short positions with big profits.
I think EMC will make 59c or may be 61c but pundits will find reasons such as their revenue was down r they made this number due to buy back etc etc. So people hold if can and wait for few months for dust to settle and then sell it around 30+.
EMC is a very selfish company, they have been buying the $5bil worth of shares at the expense of the existing shareholders. And they have a mkt maker who is EMC's pocket, so his job to get share on the cheap from people like us.
My take is still that technical look good but that in the past has not stop the mkt makers to screw the share holders, that being said , EMC should post good results, and they will be well deserving of 10 to 15% jump considering we have been probably the only Tech company that has not made any gains in the last three years. Knowing out past, this may be more than a dream..
Lowering then bringing it back above 26, he does not have much time left , so the upside move is day or so away. Lets pray EMC not screw up the q4 results, we know VMW did great. If all goes well next upside leg will stall at 27.30 it this target is taken out then the next stop 30.. Hope this time around EMC is on the side of its share holders.
VMW is a software company and EMC is a hardware company, granted EMC owns VMW, but mkt does not care about the ownership and does not want to give EMC share holders the intrinsic value. That is why I say EMC should sell VMW and give us the share holders the dollars.
Why would EMC offer such low interest rate to VMW, what does EMC shareholders get out of this deal.. VMW has been drag to EMC, I say sell VMW and give the proceeds to EMC share holders. EMC shareholders have not seen any benefit of EMC owning VMW.. We are stuck at current price for many years.. Tucci u owe the shareholder a great deal.
Agree, but why would VMW announce a buy or airwatch today and not after the results. We know now what VMW quarterly is going to be, but will EMC results be more positive than previous quarters, or else we are stuck with 25 to 26 range.
Someone should investigate EMC market maker, stock being held down by these mkt makers, There is no reason for it. Results are expected to meet if not beat the expectations.
This was all due to old HW, ln the last 6 months they have released new HW and new software releases, so it is very likely for EMC not only to make the numbers but exceed, SO I would suggest you all load up this rocket is about to lift off and in the next three to 4 month look for $32 or better,