Posts for Ticker ‘Glenn Tongue’

Unique Value Manager’s Take On EMC…Sans-VMware (EMC, VMW)

The 3rd annual VALUE INVESTING CONGRESS took place in New York City this week, and 24/7 Wall St. attended and covered this great value investor event.  Fund managers, investment managers, and hedge fund managers gave numerous presentations on Wednesday and Thursday of this week and many VALUE STOCKS were covered from different angles and views.

Whitney Tilson and Glenn Tongue are the managing partners at T2 Partners, LLC, a prominent value investing management fund and are one of the key forces behind the VALUE INVESTING CONGRESS.  Mr. Tilson gave his presentation on Thursday, and one of his key value stocks was EMC Corp. (NYSE:EMC).  But what is interesting is that Tilson (and partner Glenn Tongue) were not just giving the traditional "Buy EMC because they own 87% of VMware (NYSE:VMW)" that we have heard over and over from other pundits.  Tilson discussed what he was referring to "The EMC Stub" where investors could derive a raw purchase price of around $4.22 for EMC shares.

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