I came across the public notice and public information on this filing of this copyright infringement claim from 'Phoenix Technologies Ltd.', suit alleges Copyright Infringment for VMW using the company's "BIOS" product(s?) without license or renewing the license. Is this something to worry about, or just typical tech company patent, license, copyright etc. legal wrangling? Will VMW just swat them like gnats, defer this into oblivion?
RFC Case Number: C-P15-1414V
Court Case Number: 4:15-cv-01414-KAW
File Date: Friday, March 27, 2015
Plaintiff: Phoenix Technologies Ltd.
Plaintiff Counsel: Michael G. Rhodes of Cooley LLP
Defendant: VMware, Inc.
Cause: 28:1338 Copyright Infringement
Court: California Northern District Court
Judge: Hon. Charles R. Breyer
Wow, I am GOOD! Didn't I caution you and the other pumpers to watch your manners? Told everyone yesterday to short with abandon if this POS climbed over $92. At last look, it's dropped to $89.30. I banked my profit and am now playing with house money. Ready to close the rest of the position fairly soon - but will watch to see whether VMW drops further. In any event, a very tidy sum.
I just checked QCOM. A couple of weeks ago, QCOM was about 67, now it is still about 67 in AH. Not much is changed. So, are you talking to yourself? Of course, I already know the answer:-!)
You are so childish and apparently delusional. Seriously? I hasn't followed Qcom for years. Here is what I just read:"On a per-share basis, the San Diego-based company said it had profit of 63 cents. Earnings, adjusted for non-recurring costs and stock option expense, were $1.40 per share.
The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The chipmaker posted revenue of $6.89 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $6.8 billion."
Did you short VMW yesterday in AH?
OMG, it's churchill downs, i meant grant. you're the same einstein who posted a snark reply a couple of weeks back when i warned about qualcomm. hey genius, did you check out the earnings report that just hit on QCOM? and if you're too lazy or mentally challenged to do your own research on VM, don't expect me to waste time schooling you.
What do you mean by that? VMware has been the leader in its server virtualization space for many many years, always being challenged. It is challenging others, old or new, in new spaces, very significantly, if not severely. But severe? Forward P/E is under 20. Of course, it is QUITE cheap. You can make pennies, but you can't make a lot on this one, on the shorting side.
ou sound like a pumper. the stock faces severe competitive challenges and the runup will eventually reverse. i give the blessing to start shorting when it passes 92.
fundamentals don't validate the sharp run-up but be careful: all the cheese-sniffing humps are around today. wait until the frenzy subsides. this is a classic short squeeze
@@Revenue from services for the quarter ended March 31 rose about 17 percent to $935 million. Total revenue rose 11.1 percent to $1.51 billion. Excluding the impact of currency, revenue rose 13 percent.@@
So organic sales growth was 13% vs. analyst estimates of 10%. Yes that is decent. But in USD terms there was nothing 'excellent' about their results.
I am fully aware of FX-related issues. I know that in the case of 'global' companies, those with operations bases and sales revenues distributed across the world FX effects are somewhat reduced. Hedging is another means available to reduce the impacts of FX effects but complex to execute well. Finally, in the case of US-based firms, repatriation of profits earned outside the country involves a significant tax hit.
So my questions to you are:
a. Does VMW develop their products in R&D centers across the world or primarily in USA? How are their their sales personnel and offices distributed?
b. Does VMW hold foreign profits at foreign-based subsidiaries ala GE or do they regularly repatriate the funds? Better to keep profits in local currencies outside the USA to avoid repatriation taxes and wait out any shorter-term FX shifts.
VMware stock is going to continue increasing as they outperform their numbers. VMware is present, and strong, in three IT market sectors: 1. server virtualization 2. EUC 3. Cloud infrastructure. VMware is clear-cut #1 in server virtualization and their market share will continue to increase as Citrix and MS bow out the discussion and Windows Server 2003 EOL is creeping in. VMware is going blow-for-blow with Citrix, taking customers, and giving Citrix a run for their money. Every cloud desktop project in the market includes a bid from VMware and their catching wind with their DaaS model and Rackspace continues to expand. I think it's clear that their positioned well for the next 3 years, and the recent notices of exceeding their goals YTD is proof of their valid strategy.
The price moves on VMW don;t make much sense to me... very erratic and no clear trends for months now
@@@@NEW YORK (TheStreet) -- Nomura upgraded VMware (VMW - Get Report) to "buy" from "neutral" on Monday. The analyst firm maintained its $95 price target for the software virtualization company. Nomura analysts said that its quarterly reseller survey results were encouraging. The analysts said that 28 out of 30 resellers surveyed answered questions about VMware, "with 54% ahead of plan and 89% at or ahead of plan for the quarter." "We think sentiment on the Street is quite cautious on VMware and any upside (on a constant currency basis) could be a positive catalyst for improving sentiment," the analysts wrote. "The migration of workloads to the cloud is a risk but also an opportunity for VMware to bridge over from existing data centers to new cloud-based workloads. Our view has started to shift, thinking that the market is evolving in a way that may be more positive overall."