CSCO wants VMW but at what price if EMC is unwilling to sell. IMO, if CSCO is to buy EMC it would have to be at least $30B and that is expensive. The cheaper alternative is to buy VMW for $20B or about $50 a share. Chartwise that fills the gap in VMW when it dropped last July. It would be foolish for EMC not to accept such offer and hope for a higher premium. With competition from MSFT, CTXS, and Oracle, the most I could see VMW in the next 3 years is at $50.