No kidding. The conference call, that was not that long ago mind you, was all positive, even what they said about Q4. I think everyone was so worried the "too good to be true" EMC/VMW play was going to fall apart that it became self-fulfilling prophecy in this rocky market. When, yet again, they report good numbers for 4Q everyone will be trying to chase the train.
Competition isn't a bad thing. It makes consumers more confident in buying new technologies and keeps companies from becoming complacent and non-innovative. In the end it will bring in fresh buyers that were holding out to see how everyone else made out with implementing virtualization. VMW will either keep being a leader or fall behind, but to make that speculization right now is defeatist.
lol..you longs have been saying that over the past 6 points. Tech out of favor, so expect EMC to go lower..The big boys are rotating their money so EMC will have much more downside. Doesn't matter what the value is of the company...it's the way of the market..that's why you sell and then return when the money returns..that's what everyone else is doing :)