Ubs emc stock software#

The Super Moderator, or How IBM Project Debater Could Save Social MediaĬIOs Discuss the Promise of AI and Data Science How Intel’s Work With Autonomous Cars Could Redefine General Purpose AIĪRTIFICIAL INTELLIGENCE | By Rob Enderle,ĭell Technologies World: Weaving Together Human And Machine Interaction For AI And Robotics Keeping Machine Learning Algorithms Honest in the ‘Ethics-First’ EraĪRTIFICIAL INTELLIGENCE | By Guest Author, Huawei’s AI Update: Things Are Moving Faster Than We Think She has been covering virtualization market since 2001. A virtualization strategy may stand a chance if the costs are low and the right equipment is present, which may not work out so well for VMware in the end.Īmy Newman is the managing editor of ServerWatch. Now add to that the fact that the financial services industry is in turmoil, which means these companies aren’t buying equipment or much in the way of software. New technologies, even those that will save money, are most vulnerable. Without capital, enterprises cannot purchase technology, whether hardware or software. Technology is important, but it is capital, whether invested or from revenue drives business development, R&D, market and, in the end, sales. One thing is certain, however: The tech sector is feeling the pinch and VMware’s status is not nearly as golden as it was a year or even six months ago. Of course, a third possibility is that they don’t read or follow their own advice.

They are bolstering it up to get it through the coming months.

The same firm that is anticipating earnings to decline. So the company is largely owned by an investment firm. 31, the single largest holder of VMW shares other than majority owner EMC is UBS Global Asset Management, which held 16.4 million shares that position, which represents 30.1% of the company’s common shares, was up from 10.1 million shares earlier in the month, according to filings with the SEC. However, what is interesting is the following statement:Īs of Oct. This isn’t terribly newsworthy in and of itself. (The stock price was $29 when it first went public in August 2007, then peaked above $100 and is now $10 or so below the IPO price.) Bellini also downgraded profits markedly for both fourth quarter and 2009 noting.

Ubs emc stock software#

Sandwiched within Monday’s Technology Trader article on Barrons, Eric Savitz, offered up some interesting information about UBS and VMware.Īccording to the article, UBS software analyst Heather Bellini recently cut her rating on VMware to “Sell” from “Neutral,” chopping her target price on the stock to $15 from $27. VMware, like other companies, has had to contend with falling stock prices and increased competition, as it begins to deliver on the expanded vision it outlined back in September.īut just as the additional financial crises rumble below the surface, VMware might have a bigger tornado to fear. In subsequent months, the elephant increased its presence throughout the tech world, and is trumpeting progressively louder. Whether it was during casual hallway conversation or presentations, Wall Street loomed larger than Silicon Valley on everyone’s mind.” However, as noted at the time, “the economy remained the elephant at the show.

The incongruity was striking, and company spokespeople went to great lengths to explain that virtualization (and thus VMware) not only would be spared from feeling the impact, it could alleviate some of the pain. In September, as Lehman Brothers employees were cleaning out their offices, VMware was kicking off VMworld. And if they aren’t bringing in revenue they can’t afford to buy equipment or software.

It’s basic economics: If companies aren’t generating sales, they aren’t bringing in revenue. And indeed lower earnings and layoffs have been announced as stock prices plummet. It was inevitable that the technology sector would feel the shocks. This was quite a change from the recession earlier this decade, where tech was at the epicenter, and to some degree the culprit. The tech sector had been fairly immune, and some went so far as to say that segment would escape unscathed. We, of course, all suspected this for some time, and terms like “slowdown” and “economic downturn” had been euphuisms du jour while we awaited the official word. The National Bureau of Economic Research said Monday that the United Stares has been in a recession since last December.