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Enter Symbol:
 
Emc Corporation (EMC) [hlAlert]

Rating:
None
3 Months Gains
down 16.97 %

Macke sold EMC

Posted on: Tuesday,  Nov 11, 2008  11:41 PM ET by Fast Money Jeff Macke

Macke
sold EMC.

EMC Corporation (EMC) develops, delivers and supports the information technology (IT) industry?s range of information infrastructure technologies and solutions. EMC?s Information Infrastructure business provides a foundation for customers to manage and secure their information, automate their data center operations. EMC?s VMware Virtual Infrastructure business, VMware, Inc., is the provider of virtual infrastructure software solutions from the desktop to the data center. VMware?s virtual infrastructure software solutions run on industry-standard desktops and servers and support a range of operating system and application environments. EMC?s Information Infrastructure business comprises three segments: Information Storage, Content Management and Archiving, and RSA Information Security. During the year ended December 31, 2008, the Company acquired Pi Corporation, Document Sciences Corporation, Infra Corporation Pty Limited, WysDM Software Inc., Conchango plc. and Iomega Corporation.

Jeff Macke is a founder and president of Macke Asset Management (MAM). He has been a professional investor for the last 10 years and ran a successful hedge fund from 1999-2004. Macke contributes to CNBC's "Fast Money" and is also the West Coast editor and a contributor to financial web site Minyanville.com. Prior to running money, Macke worked and consulted for a wide variety of Fortune 500 retailers. He is currently on the board of directors for Duckwall-Alco. Macke earned a master’s of business administration from Stanford University Graduate School of Business and a bachelor’s degree from Dartmouth College. The following stocks are owned by Jeff Macke based on the CNBC disclosures.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/5/2008 4:00 PM None
None
14.04
as of 12/24/2008
1 Week   
1 Month   
3 Months   
1 YTD down  -6.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/28/2008 4:00 PM Buy
1 year
16.91

(*) Stock Price at the time of the recommendation.
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