kemble, RE: Kumar has to my knowledge never mentioned anything that would IMO be considered long term...Let alone discuss possible future prospects in these alliances, hostings, works, etc...Why call him an analyst? Why hasn't someone in the analyst world commented on the DELLHOSTING's that have been growing at a rapidly accelerating rate since their inception?
Don't be so harsh on the analysts. They aren't geniuses, yes, but they aren't idiots either. I read every day about the very things that you say the analysts never mention.
A quick excerpt from the most recent Morgan Stanley report: "We think investors should own Dell for the C2H00 story, and because this team, with this business model, can and will find exciting growth opportunities for years to come." Dang, that sounds almost like you wrote it <ggg>.
And how about OLDTRADER's good friends at Merrill Lynch? "While Dell has terrific opportunities in notebooks, workstations, global expansion, and beyond-the-box, we believe the most exciting opportunity lies in becoming a more meaningful player in the Internet infrastrucuture market, namely servers, storage, and accompanying services."
I could go on, but I hope you get my message. There are tons of people that are talking about the initiatives you mention, and, IMO, a lot of this is priced into DELL's current stock price.
If you're going to place blame with anyone of this short term focus, blame CNBC and its day trading mentality. While there is no question that the analysts can tend to talk more about the quarter to quarter performance (after all, part of their compensation is tied to the commission volume they generate), they also for the most part have a pretty good handle on the long term possibilities. You just don't see Mark Haines talk about this too often because it isn't really all that exciting--well, for most people, kemble, not you.....:) |
