Monday, September 24, 2007

Ahead of the upgrade(s) .... this sounds familiar

EMC Corp. (EMC) was upgraded both by Bear Stearns and Citigroup, with the brokers citing the benefits of its 87% ownership in VMware (VMW) as well as its own valuation. Citigroup, which upped the stock from hold to buy, said "the mid- to long-term demand generation for networked storage attributable to server virtualization (is) attractive" and EMC's positioning is sound. Bear Stearns, which upped EMC's rating to outperform from peer perform, said the firm has been "highly effective at finding the 'next big thing' in IT spending, and then growing those nascent businesses through its legendary sales and marketing prowess, enabling overall EMC to continue to grow."

EMC

20.02
+0.99 (+5.20%)
we did it!

12 comments:

Anonymous said...

nice call.

Anonymous said...

Hey, I know you guys have been watching NYX for a long time. Do you think we missed a chance to buy it at a good level when it was at 69? Or will we see these levels again?

It looks like it just took off... :(

Anonymous said...

really good call guys. I didn't jump on this bandwagon; I've been reinforcing my MPEL with options ever since they hit 10. Riding the wave back up.

Anonymous said...

Im looking for something to put my money in right now. What looks promising?

Anonymous said...

maybe try BNI around $80.

Anonymous said...

How about SBUX?

Anonymous said...

no to sbux, better places to put your money...

Anonymous said...

DING , DING....THERES THE BELL!

EMC

20.51 +1.48 (+7.78%)

Anonymous said...

p.s. our un-purchased option RECO on EMC ..up 50%!!!!!!!!

E M C CORP MASS COM OCT 20, 2007 $ 16.000 CALL (EMCJQ : OPRA)

4.50 +1.34 (+42.41%)

LOVE OPTIONS!!!

Anonymous said...

and MPEL 16.93 +1.4201 (+9.16%)

WOW...

we're back in the green!

dlau said...

Great call

BUY ON THE DIP said...

thanks team!

making money feels good.

continued success to all.