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Politics : Formerly About Applied Materials
AMAT 225.59+2.4%1:40 PM EST

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To: 16yearcycle who wrote (32865)10/19/1999 12:07:00 AM
From: Gottfried  Read Replies (2) of 70976
 
Eugene, Dan Niles says he predicted the Dell debacle. biz.yahoo.com

Niles said he was alone among brokerage analysts in predicting Dell's troubles. He downgraded the stock Oct. 1 and cut earnings estimates for its fiscal year ending in January 2000 to reflect the threat of a rapid price rise in computer memory chips used to power Dell PCs and those of other PC makers.

He said he had reiterated his comments to clients during a morning conference call early Monday, but was unaware that Dell would be making any specific warning on its quarterly outlook


Shall we believe him? :)

Gottfried
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