meathead...thanks as always your response
you miss the point,if dell had no pc revenues, then dell wouldn't exist.......ibm and hwp could exist if they exited the pc market, as someone would fill the dell gap...an absurd thought, but only to point out the reliance of dell on a single product focus at this point in time, not the future, but "now"........i'm sure you will not disagree with that "fact"
i've never said to rush out and buy cpq "today"......look at investing as a business play, which the majority of "investors" don't have a clue about.....you look at special situations created either by the market,news, or the company itself.....dell is now a special situation caused by the market, the pharmaceuticals were special situations a few years back due to hillary and her health care plan.
chrysler was a special situation when iaccoca managed a government bailout, ibm with gerstner....on and on and on......
the point is opportunity comes along once in a while, you can't be oblivious to opportunity, or it becomes fleeting, you can't over analyze the "moment".......you have to assume a business posture and ask some basic questions...cpq: what are their problems, what caused them, what could rectify them,do they have any profitable components,and most importantly does a $40b company just evaporate...causing undue harm to local economies that lose a large work force.......i believe as a businessman, that with the "proper management" who is willing to cure what ails them, even if it means a bit more suffering, then you have a tremendous turn around situation....or you can be like many and wait until an analyst discovers that they are healthy....too late by then for the "investor".
and if you want to look at the logic of the analysts, then merely view a ninety day chart of ibm,hwp,dell,cpq.........this is their "vision"....not mine.....can't have it both ways...
regardless of how obsessed some are with "mikey", their is no room in business for a winner take all mentality, especially when your "success" hinges on the "success of others".......for that is how the dell model functions...
today is the "acid test"......does "mikey have the charisma and stated forward vision to change the "market perception" of dell.....he had the forum in barron's......i certainly hope so! |
