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Technology Stocks : VMware, Inc. (VMW)

VMW 142.48

0.0%

Nov 22 4:00 PM EST

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To: Glenn Petersen who wrote (146)	3/25/2008 7:37:30 PM
From: stockman_scott	of 358

Citi Maintains 'Buy' Rating on VMWare (VMW) _______________________________________________________________ March 25, 2008 9:00 AM EDT Citi maintains a 'Buy' rating on VMWare (NYSE: VMW). Price target $83. Citi analyst says, "Our positive thesis on VMware is supported by VMware essentially creating and now dominating the market for virtualization on x86 servers. Enterprise adoption of server virtualization technology remains low, but adoption is accelerating because VMware offers clear and significant ROI for customers. Competition will not become meaningful until at least mid-2009, and in the meantime, VMware's strong multi-tiered distribution strategy and partners throughout the technology ecosystem solidify their market leadership position. VMW's technology and unmatched financial momentum support a premium valuation." VMware, Inc. is a provider of virtualization solutions from the desktop to the data center. [SM]

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