"No, there's no one else, I find, To undermine or dash a hope Quite like you." -Aimee Mann Bad news from every direction tortured the stock market 3% lower. The selling was broad based and few stocks were spared. Let's take a break from the carnage and look at some recent news items for the 8 Stock Portfolio. Chico's Chico's (CHS) reported a same store sales decline of 10% for August. This double digit decline was apparently better than expected and … read on »
All posts tagged as “VMW”
VMWare’s new CEO
It's some slightly old news, but I recently read a few articles on VMWare and their new CEO that are worth mentioning. On July 8, VMWare (VMW) simultaneously announced the abrupt replacement of co-founder and CEO Diane Greene and reduced their sales outlook. In response, the stock dropped 24% to around $40 per share. It had long been known that there was friction between Diane Greene and EMC CEO Joe Tucci. Nonetheless, both announcements were … read on »
VMWare Stock
VMWare (VMW) was once dubbed "the next Google," this company has seemingly failed to live up to the hype. At one time, revenue growth estimates exceeded 100%. This number has been consistently ratcheted down as competition has entered the market and enterprise technology spending has slowed. Once the crown jewel of parent company EMC, they have been hinting at spinning off the company completely. Counterargument: Expectations got way ahead of reality, but at the current price … read on »


