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Wednesday, Jan 2
Craig-Hallum has joined Oppenheimer in making cautious remarks about EMC (EMC -2%). Though...
Craig-Hallum has joined Oppenheimer in making cautious remarks about EMC (EMC -2%). Though believing EMC can meet Q4 estimates with the help of strong high-end storage (VMAX) and VMware (VMW +0.7%) sales, the firm thinks 2013 guidance could miss consensus in light of challenges posed by technologies such as flash storage, public cloud services (such as AWS), and open-source cloud solutions such as OpenStack. While impressed with EMC's flash efforts, CH largely sees them as defensive moves aimed at upstarts such as Fusion-io (FIO).