EMC On The Rise--Why?

May 15, 2008 10:54 AM EDT
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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