VMware Earnings
VMware had just released their 4th quarter results on Monday after the closing bell. IMO, the numbers are very good but the stock plummeted to around $61 after hours because people (especially investors) have really high expectations for this stock. Revenues have surged 80% from the previous year ($229.6 to $412.5 million), short $5 million of what analysts had [...]
Tagged as: down, Earnings, high expectations, overvalued, vmwareCompanies That May Turn Around
COH – Coach Inc.
In the early morning press release, Coach said that it is going to open the first Hong Kong global flagship store in summer 2008, in the Lan Kwai Fong area located near Central (Link). This is very good news considering Hong Kong is the shopper’s heaven.
Shaky Market
Happy New Year!
It looks like that overall the stock market is not in a good condition. Beginning the year 2008, many stocks are at their multi-year lows. Stocks that are deemed “overvalued” are dropping hard. Such examples include VMW, CROX, N. Don’t get me wrong, I think VMware and Crocs are great companies, but the current [...]