Skip to main content

VMware stock continues to rise

I told you, the stock is bound to reach $200. Take it or leave it!

“Given the recent run in the stock, we believe investrs are fully expecting a solid beat and would likely be disappointed with less than $345-$350 million revenue,” which would be up 82%-85%, versus the consensus of $331 million.

Renouard says that some resellers surveyed noted that “very recent discounting…was unusually aggressive,” with some deals at 50% off list price. “While we don’t think VMW will miss the quarter, we were surprised to hear of more aggressive tactics,” he writes. Renouard maintains a Neutral rating on the stock.

VMware, though, marches ever higher. The stock today is up $2.71, or more than 3%, at $87.71. The company’s previous high was $85.52. At the current price, the company has a market cap of $33.6 billion. Meanwhile, shares of EMC (EMC), which owns about 86% of VMware’s stock, are unchanged at $20.80.

Barrons Link


Popular posts from this blog

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.”

Press Release

DeepLearningTrucker Part 1