Wave Systems Corp. (fka WAVXQ)

[Fullmoon]

Highest Sales Growth in the Systems Software Industry

Detected in Shares of VMware (VMW, WAVX, ARST, ORCL, FIRE)

http://www.mysmartrend.com/news-briefs/news-watch/highest-sales-growth-systems-software-industry-detected-shares-vmware-vmw-wav

Below are the top five companies in the Systems Software industry in terms of sales growth.

VMware (NYSE:VMW) had sales growth of 47.9% during the last fiscal year. The company has reported $2.4 billion in sales over the past 12 months and is expected to report $3.3 billion in sales in the next fiscal year.

Wave Systems (NASDAQ:WAVX) had sales growth of 45.5% during the last fiscal year. The company has reported $20.7 million in sales over the past 12 months and is expected to report $45.7 million in sales in the next fiscal year.

ArcSight (NASDAQ:ARST) had sales growth of 40.6% during the last fiscal year. The company has reported $181.4 million in sales over the past 12 months and is expected to report $258.3 million in sales in the next fiscal year.

Oracle (NASDAQ:ORCL) had sales growth of 40.4% during the last fiscal year. The company has reported $26.9 billion in sales over the past 12 months and is expected to report $36.1 billion in sales in the next fiscal year.

Sourcefire (NASDAQ:FIRE) had sales growth of 38.1% during the last fiscal year. The company has reported $119.1 million in sales over the past 12 months and is expected to report $163.6 million in sales in the next fiscal year.
SmarTrend is bullish on shares of VMW and our subscribers were alerted to Buy on July 08, 2010 at $69.63. The stock has risen 17.6% since the alert was issued.