Investopedia: Do Weak Bookings Prove Anything About VMware?
For investors bearish on VMware (NYSE:VMW), this was an interesting quarter. Plenty of other software companies (such as IBM (NYSE:IBM), Microsoft (Nasdaq:MSFT) and Oracle (Nasdaq:ORCL))
have talked about weak macro conditions, but VMware's stock was weak
going into this report and the bookings number did look pretty soft.
Although I happen to be more positive about the long-term fundamentals
for VMware, the valuation still leaves plenty of risk for this once (and
future?) growth darling.