Kemble, I'm not going to take you up on those bets...you know you're going to win...:0)..don't like them odds at all...the risk/reward ratio just ain't there (in trader talk!).
The Tuna-man from Merrill (Be Bullish...yeah, right!!!)is nothing but wrong. I couldn't have said it better myself: nor did he bother to go see for himself what he is being paid to do. He crunched up numbers in his little office, compared the free worthless PCs that were being given away last year, and somehow came up with slowing revenues, and created a wonderful churning opportunity for Merrill brokers, with of course full-court press from CNBC.
I'm really disappointed that CNBC didn't showcase Niles reiteration of his BUY today; but then again, maybe I'm asking too much for CNBC to always present a fair analysis and both sides to a story, instead of sensationalizing.
Again, I couldn't have said it better: DELL will make their revenue number due to their servers/storage/workstations/notebook demand...Sure we'll take the PC business (DELL already owns it anyhow.. :o)..) but the real margin is in the facilities that we toured and saw in Round Rock...
"WE WILL EXPOSE THE SERVER RIP-OFFS OF THE PAST"...
The sellers are missing the point, DELL is NOT a boxmaker anymore prone to the fortunes of the PC. But until this message is better formulated and broadcasted and understood the bears will have their way with the stock, I'm afraid....at least in the short term.
Best Wishes,
Sam |
