Morgan Stanley reports VMware Outperforms NASDAQ

According to Morgan Stanley, VMware VMW outperformed the NASDAQ by 3.6% in the week following releases. Morgan Stanley said that its checks suggest that the release of vSphere 5 is imminent and we think it should be a catalyst for the stock. “With VMW's strong momentum in the core virtualization bus, its broadening set of opps., ELAs tracking well and a near term product catalysts, we remain buyers.” VMware closed yesterday at $102.98.