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Fortinet Inc. Message Board

  • EMC puts forth a weak 2013 guidance, dragging the sector down.
    So the big question is how will the smaller sector players (FTNT, FIRE, PANW) guide for 2013??

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    • VMWare was bound to be another Apple ... VMW had a near monopoly in their core product for so long that sales were relatively easy because there was no other game in town. Now with MSFT Citrix and others (as well as open source) being legitimate threats, there is no where to go but down. Even their new areas (VFabric, Pivotal, etc) are going to be challenged to deliver the revenue that their server virtualization products have delivered for so long.

      As for EMC, it's a challenging space - whether it's the core storage business or new areas such as the Greenplum acquisition or the VCE JV with Cisco and VMware, there is a ton of competition. That being said, EMC did have a really good quarter.

      As for FTNT tomorrow ... Let's hope today lowered the bar enough in terms of expectations so that we can step over it easily.

      Sentiment: Hold

    • I noticed VMW and EMC were getting hit hard today. Maybe that is helping hold FTNT down today.

 
FTNT
21.39+0.63(+3.06%)1:00 PMEDT

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