Wednesday, July 23, 2008

EMC rocking up 10% today

On June 27th I had posted my views on EMC. I had predicted buying EMC is a good idea. Valuations are good and future looks bright.

In a followup post I had cautioned that VMware could be problematic and with the founder CEO exiting without much explanation there could be cause of worry.

However overall EMC looks strong and their quarterly results prove that.

Market responded with same enthusiasm and gave it a 2 thumbs up. The stock is up 10%

Ps: I own EMC stocks.

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