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$8.76 -0.09 (-1.02%)
11/21/2008 9:35 AM

EMC Corp (EMC)

CAPS Rating:
*****

The Company develops, delivers and supports the Information Technology industry's range of information infrastructure technologies and solutions that are designed to help individuals and organizations handle its digital information needs.

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Avatar JjcampNR (< 20) Submitted: 11/28/07 11:31 PM : Outperform Start Price: $19.35 EMC Score: -5.72

Storage needs are growing exponentially both in the US and in countries building new infrastructure to support their emerging economies. While a slowing economy may slow some technology spending, if you've outgrown your current storage solution your company simply cannot continue functioning unless you have somewhere to save your data.

As an added bonus, at the current price the value of EMC's stake in VMW simply isn't reflected in the stock price. The benifits to EMC are not only the earnings from their stake, but the amount of cash EMC has in the bank after the IPO will alow them to more easily weather difficult economic conditions and also go shopping for their next great investment.

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