Partially related to MSFT news and some to do with MKTmaker trying to squeeze all those guys who were still long when stock hit 102 recently and also mkt being down has taken the stock down. So mix bag of things. Lower they go higher and faster the stock will move on results.. Just hope longs have the stomach to stay with it for another couple of weeks..This week being option experation, we may see more choppy trading..
We will know the answer this week when MSFT reports before VMW earnings release. So options is the way to play this. While I don't think MSFT has done any damage. I do think companies have drastically cut IT spending, which is a short term negative for VMW