<< I would like to wring somebody's neck if I new what or who is behind the drive to keep Dell down?? >>
techstocks.com
1. Minimum 5 stocks all in same boat since January
Dell, csco, msft, intc, Lu
2. Fund managers soaking up $100 bil/yr in fees and loads
from public.
3. More people now attracted to volatility of IPO's, web stocks.
Its beyond dispute the Feds are out to keep market down,
since market and bond rates move in opposite directions and they raise the rates while knowing that effect.
But one area where old-timers miss the boat is to
assume that the big 4 cannot continue to grow at
30 or 50% per year. A lack of vision as to how large
the market will be....
Msft - 90 % market share
Csco- most of a market
Intc 70% of market share.
Dell 14% market share
So each new quarter these companies have to prove
they can continue the growth, producing comments like 'awesome"
or 'By George, they did it again'
And that is despite the fact LU has beat earnings ever
since it went public in 1996, or that Dell has met or
beat earnings estimates for about 20 straight quarters now.
The world has not totally accepted the computer/web as
a necessity - could be a fad like bowling or archery
or C/B radios.
Oct 19 th Msft Earnings jump 30%
Oct 26 th Lu reaps 50% gain in profits
Oct 12 Intc earnings grow 24%
Aug 17 Dell earnings jump 58%
Aug 9? Csco earnings increase 31%
Average earnings increase for last period = 38.6/yr %
Average stock price performance last 50 days= (-1%)
Average stock price performance for 40 weeks = 13%
Nasdaq last 40 weeks =13%
Nasdaq last 50 days= +6%
Summary:
The bet is on that the awesome year over year growth of
these stocks is finished. An era is over, geeks have just been lucky, computers will be free, nobody needs more than one, Chinese can't afford them. Feds will break-up Msft (and kill a golden goose)
Y2K is upon us. October is upon us. ISP's will be free.
BUt this doesn't bother me, why get upset merely
because some &(HG^^^ analyst tars all these stocks with the same brush, nonE of ThosE Low doun slithERing criTTers ever bothErS
me. NURSE- Where in *H&&L are my pilLs. And DONT Fergit The water
Either- Ya'll Heah me? Shhhhhhhhhheeeeeeeeeeeeeeeeeeesh
AnD why oh Why did They ever put Austin so close to Houston.
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