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EMC On The Rise--Why?
More News related to EMC
- VMware Helps Campbell Clinic Orthopaedics Virtualize Mission-Critical Applications and Reduce IT Overhead
- VMware Completes Acquisition of B-hive Networks
- EMC Velocity Partner Program Rewards Pre-Sales Proficiency and Adds Specialty Designation for Differentiation
- EMC Honored as 2008 Microsoft Partner of the Year for Business Process and Integration Solutions
- Initiate Systems Closes New Round of Funding
More News related to VMW
- VMware Helps Campbell Clinic Orthopaedics Virtualize Mission-Critical Applications and Reduce IT Overhead
- VMware Completes Acquisition of B-hive Networks
- Altor Networks' Breakthrough Virtual Network Security Analyzer Certified for VMware Platform
- Teneros Hires Top Talent for Growth and Adds Software as a Service (SaaS) Product Offering
- BusinessWeek Names VMware One of the Top 100 IT Companies of 2008
EMC (NYSE: EMC) has risen from under $14.50 to over $17 in under 30 days. I am hearing some smart hedge funds are pressuring EMC to spin-off the rest of VMware (NYSE: VMW). EMC still owns approximately 85% of VMware.
Today, EMC is trading up $0.59 to $17.27 and VMware is up $2.231 at $68.61. I am an owner of EMC shares.
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IBM will buy EMC by in the coming months
Expected price is 26$ per share
EMC is doing well,right?
I can't comment more than I can say,EMC will have rosier future.For best search results visit www.sharesmarket.com
Call options
The $70.00 call options for may have been heavily traded.Could that be part of the reason for the jump in price?
Hold onto VMW
Agree with your post Jim. EMC would be wise to hold onto VMW for at least another 9-12 mo.
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EMC can't sell VMW until Jan-2009
John on May 19, 2008 11:57 AMI believe that EMC is unable to sell VMW stake until Jan-2009