VMW saw the first q slowdown 3 months ahead of everybody
their visibility is superior to all because they are in every sector and on every continent. Very much like Cisco. This head start gave them the opportunity to re-align resources and cut out waste. RHT. FFIV, etc, just now realized what hit them.
Also, it doesn't look like they will pre-announce, and most likely they will beat the guidance. The growth will resume at the 20% pace in the 2H13. The analysts i think will give them the benefit of the doubt now. At least 5 firms have upgraded or reiterated their rating since earnings.
I think we will be at $82.50 by earnings, and if the cc spin is positive, we will get close to $90 by the end of the month.
I agree with you 100%. For the past 6 weeks, all you see (regarding VMW) is positive news; analysts upgrade of the stock, strong cash flow from the company, and EMC buying more shares. Why would EMC buy more shares if they think the stock would go down? They wouldn't! Look for this stock to go much higher.