Joel,
Here's a comment from Jim Seymour on RealMoney.com earlier today. I believe CPQ and DELL are pretty low risk at this point either for LTB&H or a trade.
Best,
JF3
You Bet 'PC Companies' Return
11/28/00 1:27 PM ET
Adam, if I can jump in, you bet "PC stocks" will be buys again. I think their desktop and notebook businesses will continue to grow for the foreseeable future, but beyond that, every important "PC company" has active server and storage businesses, as well..and those are really going to bloom.
So...to play the sever and storage sides, you'll HAVE to buy PC companies, whetever reservations investors may have about the future of the PC.
Compaq, Dell, H-P, IBM...all big players in servers and storage.
I guess there's an argument that some of these vendors will worry that their stock prices are being held down by the perception that their PC businesses have gone slo-grow, and will spin-off their server and maybe storage businesses into separate companies...but I don't see that happening anytime soon.
I've broached this idea to the top people at those companies, and got "no-way-in heck" responses. That could change, but I don't see that happening.... |
