Welcome!

.NET Authors: Brad Abrams, Alin Irimie, Colin Walker, Maureen O'Gara, Reuven Cohen

Related Topics: Virtualization, Cloud Expo

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:
 3,032

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 3,032
Copyright © 2008 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.

More Stories By Salvatore Genovese

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

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.