John,
Today's price action is big because,
IMO..it means (at least to me) that the market is (FINALLY) seeing EMC as the real leader here, and that
the mere mention of others' entering EMC's space is no longer a reason for a sell-off..
Agreed, and also, the remark that Ruettgers made last week that stands out in my mind is that IBM no longer "freezes" the market as they did some time back. By that, he meant that, whenever IBM came out with a major new product, customers of that type product all stopped buying anything until they digested all the specs on the new IBM box. This was true in big servers, I know full well, and apparently, according to Mike, also in storage. Mike says no more. I interpret that to mean no big glitch in EMC sales because of "Shark".
Tony |
