Friday, November 9, 2007

VMware ahead of the game

VMware is the main player in its sector of virtualization. Dell, Microsoft ... they're behind the 8-ball and can't really buy their way into VMware's position. But a double in less than three months will prompt any self-respecting capitalist to take profits in a spooky market. Heck, it was more than a double. The stock closed the week at 87, below both its 10- and 50-day simple moving averages. VMW has pulled back 30.4% from its all-time high, astounding ... except when compared to its 150% gain from Day 1 (50) on the market to its all-time high (125).

So, is VMware a buy here?

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