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With the tech IPO market flooded again with companies of dubious near-term profit prospects, VMware's juicy public offering showcases an appealing trajectory.
"Their revenue growth is outstanding -- near vertical," says Ben Holmes of the research firm MorningNotes. What's more, Holmes says, VMware is well funded, with more than $250 million in cash on hand.
The Palo Alto, Calif.-based company, which is expected to go public this quarter under the ticker VMW, will remain under the control of parent EMC(EMC Quote). ...
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