Wow maybe a spinoff if ever-- whats that about??? EMC pumped it today
This spinoff may never even happen- If it does it may be 2017
Did you read the quote-- and 5 bil in revs and a 6% possible free cash flow is pathetic
Read the quote-- I still am happy I sold out..
EMC CEO Joe Tucci said that Pivotal could "potentially" be an acquisition target, but that'd be in the distant future. Pivotal is nowhere near ready to do an IPO, and while that is the intended end result, it's still far away. Factoring in the Pivotal announcement, VMware said revenue this year is expected to be in the range of $5.12 billion to $5.24 billion. Lots of short covering today.. GLTA