stockbull: Are you giving DELL the respect they deserve?
Here are some passages from yesterday's Barron's Online...
I really liked these quotes:
<<"Among PC makers, the one we're most comfortable with is Dell," adds John
Leo, co-manager of the Northern Technology Fund. "The company is
maintaining its cost and business advantage. When it reports next week, they
will be able to meet and maybe beat Street expectations . . . and [should
show] solid unit gains."
Perhaps that's why two firms recently raised their ratings on Dell: BancBoston
Robertson Stephens to Long-Term Attractive from Market Performer, and
SG Cowen to Strong Buy from Buy.
Selling PCs is the easy part; making money in them is another story. "The
margins are thin and the margins for error are small," says (Goldmans') Schutte. And there's always the danger that the PC market will shift to "appliances" and trendy
devices like Palm Pilots and cell phones. "But I've heard that for five years
now, and every year [they have] a different name," says Schutte.
One thing's pretty likely, though: Five years from now, Dell will remain a
leader. That's not something you'd say with confidence about any of its
competitors.>>
IMO, this could be a VERY good quarter for DELL....I would NOT bet against MSD..!!
Best Regards,
Scott |
