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VMware hottest tech IPO since Google

SeekingAlpha reporting:

The value of the IPO is also lot more than what was first estimated. Initially, the range of the IPO was expected to be only $23 to $25 per share, but was steadily raised to a range of $27 to $29 before finally pricing on Monday night at $29. According to TheStreet.com, the IPO was oversubscribed by as much as 25x the number of shares available.


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