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nlightn

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nlightn

Re: nlightn post# 217827

Wednesday, 10/22/2014 2:36:21 PM

Wednesday, October 22, 2014 2:36:21 PM

Post# of 363828
$VMW,...Enterprise software stocks hit by VMware's numbers

Enterprise software vendors are having a rough day after VMware (VMW -5.6%) provided light Q4 guidance to go with a Q3 beat.

On its CC (transcript), VMware also reported its bookings fell Q/Q in Q3. They were hurt by Russian and German softness, and a failure to close a major enterprise license agreement (ELA) with a federal client. ELAs made up 29% of Q3 bookings, down from 37% in Q2.

invest at your own risk, based on your own due diligence, at your own risk tolerance

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