Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TRINDY who wrote (74665)	1/27/2000 11:52:00 PM
From: Simba	Read Replies (2) of 132070

MB: Look at the logic on this guy: <<Kumar voiced similar sentiments as Fortuna. "If you look last year at Dell's stock, it grossly underperformed in broad market indexes, in spite of having grown revenue of 38 percent. The momentum money essentially drained out of the stock last year, so the company was barely struggling to meet the consensus toward expectations of 40 percent," he said. Kumar added that "having the company reset the bar to a much more meaningful level" means "the strength should return to the stock." >> What an ignoramus! As per this logic every company should miss earnings and lower their growth rates, I mean reset their bar and the stocks can double overnight like internet stocks. Also he says that because the momo guys quit the stock they could not meet the consensus, shouldn't it be the other way around ? Talk about the cart in front of the horse logic. These guys cant be this stupid and get paid this much. As Wayne says, it is a clear case of securties fraud. But SEC will go only after the Tokyo-joe kinda of lowlying scum. Simba

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next