Dell to Buy EMC for $67 Billion

This morning we got the news that Dell is going to buy EMC (EMC) for $67 billion. This is the largest tech deal ever.

For those of you who remember the 1990s, you certainly remember these two stocks. EMC was the #1 performing stock on the 1990s. The shares gained 80,575% in that decade.

Not only was EMC the top performer of the decade, but that’s the best return of any stock in any decade in NYSE history. Shares of EMC gained, on average, 1% every 5.43 calendar days for 10 straight years.

In seven years, EMC split 2-for-1 an amazing five times. EMC went public on April 4, 1986 at $16.50 per share. Adjusted for splits, that comes to 23 cents per share. Today, it’s around $28 per share. Of course, the stock fell from $104.94 in 2000 down to $3.67 in 2002.

EMC has one of the more interesting long-term charts you’ll see:

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Posted by on October 12th, 2015 at 10:55 am


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