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  • EMC Price Targets Too Low; Seize This Opportunity [View article]
    www.emc.com/ir/investo...

    From the EMC Q3 2007 Earnings Webcast presentation:

    EPS excluding VMW contribution and excluding one time gain on sale of VMW stock to Cisco is $0.15. VMWare contributed an <b>additional<... $0.026 per share.

    If you see slide 13 of 22, the change in EPS for the Infrastructure (i.e. excluding VMW) is about 18% YoY.

    YTD07 EMC Infrastructure EPS is $0.53. Add another $0.15 for Q42007 and you get $0.68 for 2007 EPS.

    Assuming a 18% YOY growth, 2008 Infrastructure EPS should be about $0.68*1.18 = $0.80.

    I have assumed $0.75.

    Oct 31 17:08 pm |Rating: 0 0 |Link to Comment
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