and doesnt know who Paul Maritz is, now is the time to go long for the long term. He helped to pioneer the Microsoft model and VMware is already in a position to be a long term threat to the MS way of business with the coming wave of virtual appliances. also just wait until Virtual Desktop Infrastructure is a requirement for every bank, hospital and federal office in the next few years. I own EMC and am not saying to buy today, but long term VMW has enormous potential. you dont think Paul is going to go in there and just roll over do you?
I owned emc at 85 so don't tell me that it's a perfect company. the officers take money out of this company like it's a river of wealth. Egan's wife if particularly adept at spending and taking money from the company. they have mine so I avoid emc and this one like the plague. good luck.
As I said before, unless this thing can turds into gold it is still enormously overpriced. How can anyone justify a 20 BILLION market cap for a company with less than 2 billion in sales and a book value of less than 5 per share. If anyone out there considers this a buying opportunity and not a harbinger of things to come, they deserve to lose their money. Get out now and preserve what capital you have left. There are soooo many other good buys out there in the marketplace right now. You might even be able to get back what you have lost in this POS today. If you don't think MSFT is going to canabilize their already weak sales relative to their market cap, you are stupid. This stock is going to at LEAST 20 if not lower.
but MSFT doesn't always succeed especially when it enters a new market late. ex: online search and advertise is owned by Yahoo and Google. It'll be interesting but MSFT should just stick with making better Windows.
In case you havent noticed MS is way behind with the features that Storage admins really need with data center virtualization such as SRM/VMotion etc.. and are also gonna pay dearly for the POC they call Vista. I have been using Windows my whole life but between having to get a new PC with Vista, Linux or MAC im certainly not going to go the former!
With a trailing P/E of over 60 and new competition entering their space, I wish I could be as optimistic as you. But, I do think you are right, that in the long run it may have some upside, but unfortuneately, not enough to make it worth holding on to.