Yowza!
This article MUST be incredibly insightful …it has given me a migraine.
Kidding aside, ReadWriteWeb is one of my daily reads and the team of writers understands hardcore technology and the internet better than any tech blog.
Amazon has been truly on fire (long) and VMWare (VMW) has been the hottest IPO of the year. We have Wallstripped them both. The momentum money is betting on these two companies because they are betting on the upside as ReadWrite elaborates in the article. There is much to execute based on the price and valuation increases.
With respect to VMware, I am bummed to have missed this investment, but happy to have picked up shares of VMWare’s cheaper papa EMC under $21 just a month ago .
There is mucho shit going on in tech people underneath the headlines.
Disclosure – Long EMC and Amazon and Google.
I’ve also been kicking myself for not getting in VMW yet. I’ve been long Amazon for the very reason that I believe their EC2 and S3 will take over the world. VMW is a better way to play that virtualization trend. I’m in on the next good dip.
P.S. Read/Write Web is a must read for me too. I like them the best of all the web 2.0-ish blogs/sites out there
Depending on how far VMW rises during this current run up, the next good dip could bring it down to somewhere around $100, IMO. This is one of those companies that you know is overvalued based on pretty much any metric used, but it continues to rise nonetheless.