Seeking Alpha

High-beta enterprise IT names continue to sell off (previous) after EMC, VMware, and BMC...

High-beta enterprise IT names continue to sell off (previous) after EMC, VMware, and BMC Software all provide disappointing guidance. Both EMC and VMware's earnings calls (I, II) were peppered with cautious remarks about the global IT spending environment. BMC rivals ServiceNow (SWI -4.5%) and SolarWinds (SWI -4.5%) are among the casualties. Others: RVBD -4.1%. CVLT -3.4%. CTXS -2.7%. FIRE -6.2%. QLIK -2.3%.
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