VMware: RBC start coverage with sector perform rating

RBC Capital’s Thomas Curlin today launched coverage of VMware (VMW) with a Sector Perform rating and a $75 price target. Curlin sees the company generating revenue of $1.265 billion this year and $1.65 billion in 2008; he sees non-GAAP EPS of 52 cents this year and 84 cents next year. That implies the stock is trading at about 16 times expected 2008 revenue, and 82 times earnings, while growing the top line at 30%. So you can see why he is taking a cautious stance on the stock.

I’d note, though, that his 2008 outlook is more conservative than the Street consensus at $1.89 billion and 92 cents. (For this year, the consensus is $1.28 billion and 62 cents.) stock.

Original material at Barrons.

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Get Vyatta Virtual Appliance, now VMware certified!

We all know Vyatta, don't we?

Vyatta, the leader in Linux-based networking, today announced that its open-source networking software has received VMware Virtual Appliance Certification, thereby providing customers with a solution that has been optimized for a production-ready VMware environment. The company also announced it has joined the VMware Technology Alliance Partner (TAP) Program. As a member of TAP, Vyatta will offer its solutions via the TAP program website. With the Vyatta virtual appliance for VMware environments, organizations can now include Vyatta’s router, firewall and VPN functions as part of their virtualized infrastructure.

Vyatta combines enterprise-class routing and security capabilities into an integrated, reliable and commercially supported software solution, delivering twice the performance of proprietary network solutions at half the price. Running Vyatta software as virtual appliances gives customers many more options for scaling their data centers and cons…

3PAR adds native LDAP support to simplify administration

3PAR®, the leading global provider of utility storage, announced today native support for lightweight directory access protocol (LDAP). Support for LDAP enables centralized user authentication and authorization using a standard protocol for managing access to IT resources. With 3PAR’s support for LDAP, customers are able to now integrate 3PAR Utility Storage--a simple, cost-efficient, and massively scalable storage platform—with standard, open enterprise directory services. The result is simplified security administration with centralized access control and identity management.

“3PAR Utility Storage already provides us with a reliable, shared, and easy-to-use consolidated storage platform,” said Burzin Engineer, Vice President of Infrastructure Services at Shopzilla. "Now, with 3PAR support for LDAP, managing security commonly--across all our resources, including storage--is also simple and efficient.”

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DeepLearningTrucker Part 1

RBC Capital’s Thomas Curlin today launched coverage of VMware (VMW) with a Sector Perform rating and a $75 price target. Curlin sees the company generating revenue of $1.265 billion this year and $1.65 billion in 2008; he sees non-GAAP EPS of 52 cents this year and 84 cents next year. That implies the stock is trading at about 16 times expected 2008 revenue, and 82 times earnings, while growing the top line at 30%. So you can see why he is taking a cautious stance on the stock.

I’d note, though, that his 2008 outlook is more conservative than the Street consensus at $1.89 billion and 92 cents. (For this year, the consensus is $1.28 billion and 62 cents.) stock.

Original material at Barrons.

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