Albert,
I think AMD should offer chips to DELL at a nice premium instead of discount now
Hey, Mickey D knows his customers....and AMD systems are too fragile.
Asshok really knows his stuff too, check this out:
news.cnet.com
January 27, 2000, 2:25 p.m. PT
The PC maker yesterday warned its fourth-quarter profits would fall 6 cents less than expectations, to $430 million, or 15 cents a share.
"Obviously it was a major miss, which is not good," said Merrill Lynch analyst Steven Fortuna. "But the good news is it finally caused the management to capitulate in respect to lowering the long-term growth rate of the company to the low 30 percent range from the high 30 percent range."
[...]
Chase Hambrecht & Quist analyst Walter Winnitzki also upgraded the stock, from "market perform" to "buy." Ashok Kumar, an analyst at US Bancorp Piper Jaffray, upgraded Dell from "buy" to "strong buy."
But Deutsche Bank Alex. Brown analyst Philip Rueppel downgraded Dell from "strong buy" to "buy."
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."
-Scot |
