The dollar is down and the ENTIRE MARKET is in the dump!
This is NOT about whether VMWare is a good company with solid financials. VMWare ACCURATELY estimated and MET their OWN financial forecast for the first quater reporting.
Wall Street ANALysts are the one who overpredicted the company's success (not the company itself) which resulted in the massive sell off.
Funny....I have always thought those were the characteristics of shorts on Yahoo MBs. VMW is the only stock I have at this risk level, but I like it because so many others don't..and so far I don't see a short with a strong argument that shows they understand the technology. MBs are great for getting an understanding of the arguments for and against any investment.
Hence the typical response of a person who has no command of the english language.
Why is it that those of you who wish to demoarlize this stock feel you need to belittle people who are actually trying to use this message board as a means of COMMUNICATION?
Like so many, here, you either lack precision with language, or are merely a fool.
For those who bought in above $100, this *stock* -- note the difference in nomenclature -- has been a disappointment.
Those who bought in in the $70's, sold their capital investment in the $100's, are now mainly curious.
VMware, the company, is terrific. It has a great product, and should do well.
VMW, the stock, is struggling right now. We'll se what happens over the next couple quarters.
maxine_h... I'm not a psychic, however, I DO believe this stock will rebound (albeit in a more realistic fashion, i.e no rocket ride to $100/share).
remaynes_anonymous...The company predicted a 50% increase in sales for 2008. Okay, yes, that's slowing down from the 80% in 2007. But FIFTY PERCENT INCREASE in one year?! Most company's would KILL for HALF that.
PROFITS have nearly DOUBLED each of the past three years with NET income MORE than doubling each of those same years!
DO NOT try to tell me this company doesn't know what thier doing! This is phenomenal by ANY standards.
My best friend is an IT manager for a major corporation. He assures me that VMW is the industry leader for the forseeable future.
He sees Microsoft as the only serious competitor. But, when was the last time Microsoft succeeded in killing a competitor?