Thursday, February 8, 2007

VMware to go public!

Word has just broken that EMC has decided to offer 10% of VMware stock to the public through an IPO (link here). This will definitely help EMC to raise more capital as VMware is one of its fastest growing subsidiaries. Tying VMware to EMC stock never made any sense to begin with.

My outlook is that VMware stock will do very well in the next couple years. Buy, Buy, Buy!!!

The shares will be available for trading from Aug 14, 2007 (Symbol:VMW)

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