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Technology Stocks : VMware, Inc. (VMW)

VMW 142.48

0.0%

Nov 22 4:00 PM EST

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From: jad	9/12/2007 2:03:37 PM
	of 358

VMware: Caris & Company reiterates Above Average. Target $60 to $90. Caris raises their tgt on VMW to $90 from $60 to reflect continued strong acceptance of VMW's products and to reflect the inclusion of strong DR growth in their DCF. In the well-attended VMWorld conf VMW introduced several new products which promise to further the co's momentum. Firm notes serveal positive developments: 1) CTXS has agreed to acquire Xensource; 2) Private cos enabling virtualization are receiving more attention; 3) AMD and INTC announce new processors that enable virtualization at the hardware level; 4) Servers and storage virtualization are starting to work together

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