to me, the call options indicate $77.50+ this week
there hasn't been one major short squeeze since the 25% drop despite a shrinking minuscule float that has been shorted to the tune of 9.5%. between $80 and $90 there is void, but we will need some real good news to punch thru the $80 level.
just like Apple, this is not a broken company. It grew 22% last year while the GDP grew at an anemic 1%+. In the 2nd half of this year, the growth will re-accelerates to a 20%+ pace.
Before buying, go talk to your IT guys. Ask why they selected VMWARE over the competition. Also, ask if they plan on virtualizing the desktops in the near future. If you like what you hear, get your feet wet at this absurd level.