The Rising Influence of Rising Affluence

[DewDiligence]

Does anyone here like EMC as a play on the data explosion consequent to The Global Demographic Tailwind? All that data has to be stored somewhere, whether or not it’s in the cloud. EMC’s EV is about $50B, but after stripping out EMC’s 80% stake in VMW, the remainder of EMC has an EV of only $20B or so.

p.s. EMC just acquired an Israeli company called XtremIO for about $440M:
http://www.reuters.com/article/2012/05/10/emc-idUSL4E8GAC7M20120510