NASDAQ, AMEX, NYSE Stocks Discuss Vmware IPO - VMW in the Stock Market Forum forums; I am a system admin and we use VM for all our production servers. What do you guys think? VMware Prices Initial Public Offering (IPO) Shares to Trade on the ...

senate747 · #1 08-14-2007, 10:56 AM

I am a system admin and we use VM for all our production servers. What do you guys think?

VMware Prices Initial Public Offering (IPO)
Shares to Trade on the New York Stock Exchange (NYSE) under Ticker Symbol "VMW"

PALO ALTO, Calif., August 13, 2007 - VMware, Inc., (NYSE: VMW) today announced that the IPO of 33,000,000 shares of its Class A Common Stock has been priced at $29 per share. Shares will begin trading tomorrow, August 14, 2007, on the NYSE under the ticker symbol "VMW".

Citi, JPMorgan and Lehman Brothers acted as the representatives of the underwriters and, together with Credit Suisse, Merrill Lynch & Co. and Deutsche Bank Securities, acted as the joint book-running managers of the offering.

A registration statement relating to the offering was filed with and declared effective by the Securities and Exchange Commission. A copy of the prospectus relating to the offering may be obtained by contacting: Citi, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220 (tel: 718-765-6732; fax: 718-765-6734); JPMorgan, Prospectus Department, National Statement Processing, Prospectus Library, 4 Chase Metrotech Center, CS Level, Brooklyn, New York 11245 (tel: 718-242-8002); or Lehman Brothers c/o Broadridge, 1155 Long Island Avenue, Edgewood, New York 11717 (email: qiana.smith@broadridge.com, tel: 631-274-2635).

About VMware
VMware, an EMC company (NYSE: EMC), is the leading provider of virtualization solutions. VMware’s customer base includes 100% of the Fortune 100 and more than 84% of the Fortune 1,000. VMware’s broad and proven suite of virtualization solutions addresses a range of complex IT problems that include infrastructure optimization, business continuity, software lifecycle management and desktop management. VMware was founded in 1998 and is based in Palo Alto, California. For more information, visit www.vmware.com.

**BadThad** · #2 08-14-2007, 12:04 PM

I think I've been burned twice this year by IPO's. My advice, don't buy until you can watch the price for a week or more. All these IPO's are coming during bearish markets and they've done nothing but drop. Just look at BX and IBKR as examples.

The only IPO with a chance of sucess this year would be VISA.....but it doesn't look like that will be a 2007 IPO.

**BadThad** · #3 08-14-2007, 12:07 PM

What the hell? Say's $29 IPO, but it opened at over $50!

OK, I still say it's going to drop....but I've been wrong before. LOL If I had guts, I'd short that sucker. Call me paranoid, but I'm not touching ANY IPO's for the rest of the year.

r1pilot · #4 08-14-2007, 06:09 PM

noob here....

but does anybody else think vmw has the potential to be the next goog? Product wise I like them and understand them. At the same time I don't want to be taken by all the hype; especially after a debut like today.

**Aufan 1983** · #5 08-14-2007, 08:52 PM

Quote:

Originally Posted by r1pilot

noob here....

but does anybody else think vmw has the potential to be the next goog? Product wise I like them and understand them. At the same time I don't want to be taken by all the hype; especially after a debut like today.

I bought 100 today @ 50.20.

I'm kind of like BadThad on these IPOs that I'm a little cautious. I think the possibility for this is HUGE to say the least. Check out the article.

VMware shares soar in top tech debut since Google
Tue Aug 14, 2007 7:01PM EDT

BOSTON (Reuters) - VMware Inc. (VMW.N: Quote, Profile, Research) shares soared 76 percent in their trading debut on Tuesday, valuing the software maker at about $19 billion in the hottest technology IPO since Web search leader Google Inc. (GOOG.O: Quote, Profile, Research) went public in 2004.

Its shares closed at $51.00 on the New York Stock Exchange, up from Monday's IPO price of $29.

VMware, a nine-year old company whose products are used to help manage data centers and control technology, ended the day ranked as the world's No. 5 publicly traded software maker based on market value, behind Microsoft Corp (MSFT.O: Quote, Profile, Research), Oracle Corp (ORCL.O: Quote, Profile, Research), SAP AG (SAPG.DE: Quote, Profile, Research) and Adobe Systems Inc (ADBE.O: Quote, Profile, Research).

Few people outside of technology circles had heard of the company before parent EMC Corp. (EMC.N: Quote, Profile, Research) announced plans for the IPO in February.

As analysts talked up the company's prospects over the past few months, investors embraced the IPO to get in on what they say may be the next big thing in computing: virtualization technology.

VMware became the only major player in this area by selling software programs that can create, run and manage multiple "virtual" machines on a single computer, allowing businesses to spend less on hardware and other costs.

Many large technology companies are developing products using virtualization technology, and dozens of start-ups are seeking to make name for themselves in the sector.

But so far none of them have been able to derail VMware, whose sales have been doubling year-on-year for the past several quarters, boosting the company's annual revenue rate to about $1 billion.

Industry experts say that virtualization has just started to take off and that the technology will one day become as crucial to business computing as operating systems like Microsoft's Windows.

**BadThad** · #6 08-14-2007, 09:54 PM

Good luck AUfan! I'm so done with IPO's this year...unless Visa comes out.

**Grizzums** · #7 08-14-2007, 10:11 PM

Love VMware...am not participating in the IPO but I have been heavy EMC Leaps since Mar. 20....needless to say, I am doing very well with those...:D

http://bigcharts.marketwatch.com/int...x=60&draw.y=21

Good Luck!

**BadThad** · #8 08-15-2007, 01:22 PM

Well, I'll be damned! This thing is going crazy! I give, might as well play the momentum....looks like every is pouring money in because it's over $57 now. Hope I'm not making another mistake (I'm good at that), I bought 200 shares at $57.90.

**BadThad** · #9 08-15-2007, 01:26 PM

Oh my.....up $1 dollar in just minutes.....WOW!

I can make $200 in less than 3 minutes! :D

**BadThad** · #10 08-15-2007, 01:51 PM

Can't lose now, put trigger in for $58.50, guaranteed $180 after commish. :D