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Virtualization: Article

NASDAQ Down - Virtualization & Cloud Computing Stocks Up

A number of winners for the day including Citrix Systems, Symantec and a few other pure Virtualization players
By Salvatore Genovese
Article Rating:
October 8, 2008 10:00 PM EDT
Reads:
 6,061

This morning I took the 7:00 am JetBlue flight out from Ft. Lauderdale to JFK. The emergency row where I was seated was empty. I waited until the markets opened before I took my 90-minute nap. The Dow lost its gains after the rate cut news and at the open it was almost down 200, for the sixth day in a row. When they went to the NASDAQ side, Google, Microsoft, Apple, IBM and the rest of the techs were all down, considerably. The reporter named a number of NASDAQ winners of the day including Citrix Systems, Symantec, and a few other pure Virtualization players. Can you believe that? The end of the world as we know it is here and Virtualization stocks are going up 3-6% on a day like today. Unbelievable!

Published October 8, 2008 – Reads 6,061
Copyright © 2008 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Salvatore Genovese

Salvatore Genovese is a Cloud Computing consultant and an i-technology blogger based in Rome, Italy. He occasionally blogs about SOA, start-ups, mergers and acquisitions, open source and bleeding-edge technologies, companies, and personalities. Sal can be reached at hamilton(at)sys-con.com.

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