Investors Like EMC's Storage Story

Shares climbed Tuesday as the company posted strong results. But rising expenses raise a flag for one analyst

EMC Corp. (EMC) came out on Jan. 23 with news of a stunning performance during the three months ended Dec. 31, 2006. And while Wall Street gave the news a modestly positive reception -- the stock rose 1% in late afternoon trading Jan. 23 -- at least one analyst is concerned that as the data storage giant undertakes projects like integrating its acquisition of data-security company RSA Security, EMC has been shelling out more in expenses each quarter.

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