VMWare

(

VMW

) pushed the Technology sector lower today making it today's featured Technology loser. The sector as a whole closed the day down 0.6%. By the end of trading, VMWare fell $6.09 (-6%) to $95.43 on heavy volume. Throughout the day, 4.9 million shares of VMWare exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $92.86-$100.58 after having opened the day at $100.20 as compared to the previous trading day's close of $101.52. Other company's within the Technology sector that declined today were:

Hoku

(

HOKU

), down 25.2%,

LDK Solar Company

(

LDK

), down 15.1%,

NetApp

(

NTAP

), down 12.3%, and

Recon Technology

(

RCON

), down 11.3%.

VMware, Inc. provides virtualization and virtualization-based cloud infrastructure solutions in the United States and internationally. VMWare has a market cap of $12.84 billion and is part of the

computer software & services

industry. The company has a P/E ratio of 55.1, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 22% year to date as of the close of trading on Wednesday. Currently there are 18 analysts that rate VMWare a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates VMWare as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front,

Deltathree

(

DDDC

), up 47.1%,

Vringo

(

VRNG

), up 24.6%,

Motricity

(

MOTR

), up 17.8%, and

Dynasil Corporation of America

(

DYSL

), up 16.3%, were all gainers within the technology sector with

Crown Castle International

(

CCI

) being today's featured technology sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider

Technology Select Sector SPDR

(

XLK

) while those bearish on the technology sector could consider

ProShares Ultra Short Technology

(

REW

).

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