POK 0.00% 20.0¢ potash minerals limited

Dell makes $67bn bet on EMC managing / storing data, page-3

  1. 231 Posts.
    Thought this snippet might amuse !!....

    In August 2007, EMC released 15% of the company's shares in VMware in an initial public offering on the New York Stock Exchange. The stock debuted at US$29 per share and closed the day at $51.[14]

    http://www.infoworld.com/article/2641891/techology-business/vmware-ipo-roars-out-of-the-gate.html

    VMware, whose new VMW stock ticker symbol sounds remarkably like a luxury sports car, roared off the starting line in its first day as a public company Tuesday.

    After about an hour of trading on the New York Stock Exchange, VMware stock rose to as high as $55 a share before settling down to just over $50, 72 percent higher than its starting price of $29, set by VMware Monday.
    The company, a maker of virtualization software aimed at helping datacenters operate more efficiently, put 33 million shares on the market, which would yield $957 million at $29.

    Strange things can happen to tech stocks !!......... GLTAH - Oilf.
 
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