These are busy times for EMC (NYSE:EMC). It may not look like it, given the sleepy state of the IT hardware market, but like a duck moving across a pond there is a lot of activity going on below the surface. EMC is looking to position itself to not just withstand but prosper from changes in its core storage business, while also sharing more capital with its shareholders. Although big capital returns are often a sign of fading prospects in the tech space, I do believe EMC is undervalued on its long-term prospects.
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http://www.investopedia.com/stock-analysis/053013/emc-opening-its-wallet-and-bracing-next-evolution-market-emc-amzn-vmw-ntap.aspx
Investopedia: EMC Opening Its Wallet And Bracing For The Next Evolution Of The Market
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