Full disclosure: Just sold my trading position in Dell, and unloaded some long...I don't like the Euro numbers from Context, nor IDC numbers....growth is simply too slow this quarter, and I think it will be difficult for Dell to make the quarter..and we could (even) see a .19...that would not be good..
Am still holding a (smaller) long position...still expect Dell to finish in mid/high 60's by end of the year..but, short-term, I expect some trouble...and Dell could see high 30's/40...on questions of European growth (going forward)....at 40, low 30's....good buying op there...and I will likely re-establish (to same, recent degree)
This is all IMO, and, for those reading, there are a lot wiser head on the thread than me, so take my comments with a large dose of salt..
Windows 2K, along with easier Y-O-Y comps should provide Dell with some great ops to have (a couple blow-outs...ie. 50% EPS growth...) quarters...and for the stock to accerlerate...
Again, still looking for mid/high 60's by end of year...but I think Dell will be in "show-me" mode a bit longer.... |
