- The great leadership that Diane offered to the company
- She had an amazing vision, OK CNN, Forbes et al have always spoken of the lack of business acumen
- She had a strong following of her solid engineering staff and I'm sure a lot will be reconsidering their future immediately
- A lot might change in the top exec ranks of VMware as well, for instance what will happen to Mendel etc
This is definitely a breaking news and still in a way a sad news. I am fond of Diane and her style and I'm sure she'll start a revolution someplace else soon enough.
Here's the link to Virtualization.com who picked it up from MarketWatch.
Reuters thinks that its mere competition and not weak economy:
Avastu's Real-Time Industry Analysis will come soon.
"You have to believe this (change in revenue forecast) is due more to new competition than to macroeconomic issues," she said.
Its shares fell to an all-time low of $36.55 earlier in the session before recovering a little to $38.77, still down 27 percent. EMC shares fell 12 percent to $13.33.
The shares debuted on the New York Stock Exchange at $52 in August 2007, compared with their IPO price of $29. They reached a record high of $125.25 in October 2007.