Players like signal9, however, remain unconvinced. EMC might be a very good company, but he doesn't see how it's supposed to prosper going forward.
It would take a miracle to get this stock to move anywhere. Great bluechip, stability is nice, just not exciting. Recent purchase-Avamar-total dog. Good idea meets bad end in the EMC purchasing graveyard. This seemed like a ditch attempt to pull backup software Networker out of the fire-is old code, recent rewrite adds shine to rust. Limited functionality for disaster recovery, complex and expensive. Guess what, Avamar and Legato-former competing technologies, both require client and server installs doing the same tasks. How exactly is that supposed to work together?
The Motley Fool