« Home | Sprint Throws in Exotic Island with $10.5 Million ... » | Warren Buffett Raises Money For Barak Obama - Says... » | Watch High School Musical 2 Online » | Linktone and KongZhong Report 50% Drop in Revenues... » | Subprime Lenders Thornburg Mortgage and KKR Financ... » | First Solar, Inc. Is a Venture Capitalist Investor... » | Marketwatch Takes a Dump on Conde Nast Portfolio » | How Much Money Will FDIC Insurance Protect? » | Bank run at Countrywide Financial Corporation Good... » | After the Meltdown, Which Stocks Bounced? »

August 21, 2007

VMWare, Inc. Heading to $100!?

posted by MR WAVETHEORY at 8/21/2007 11:34:00 AM
Momentum crazy investors are buying VMWare, Inc. (Nasdaq VMW). The Google-holics anonymous club has apparently left their treatment center and piled into VMWare, Inc today. With Google biding its time after a somewhat tepid earnings report last time around, all those daytraders and dot com stock traders seem to be piling into VMWare. The stock is up $9 at $66. That's up 15% today alone and more than 27% since the first day of trading. The IPO price of VMWare was $29 and they completed their exchange offer with EMC just 1 week ago on August 14, 2007. The contrast between VMWare and EMC couldn't be more stark. EMC is barely up 3% today or $.70 up at around $19 dollars.

I'm watching VMWare and just scratching my head. Fear or greed? Blue pill or red pill? It's a bit surreal seeing the action because it feels just like what a stock would do when it IPOed in '99. Is it better to be the guy who buys at $66 and sells at $100 or the guy who stays in the sideline and watches the stock hover around $50-$70 while all these crazy daytraders get whipsawed?

Previous Posts


Post a Comment

<< Home