bob....at these levels, the bottom is much closer then the top....the question is how will dell the stock be perceived as the market becomes a bit brighter....yesterday, cpq price action was the best of the bunch...it may become the sector leader share price wise....we discussed this over a year ago, that cpq was positioned as a turn around candidate....
dell and it's management blew it in q299, by not defending the "pc is dead" comments....would have been easier to tell the street then, about the future of dell, beyond the pc....
msd lost focus of dell the stock, although many on these boards chanted "it's not the responsibility of a ceo to support the stock".....
look at cpq.....it has rallied from earlier lows, trended up to set a decent yearly high, and has come back in sympathy near its previous lows.....dell has just been trending downward without any upward strength...
tech has been battered, tremendous value out there....dell has value based on the current knowns...but the street is concerned about the unknowns....price wars are not good methods to maintain or grow market...it is only used in commodity mentality marketing....
i stand behind my comment on dell china, inspite of d.j. smyth comments about "prostitutes"....first hand i know of dischord in the dell china management team....those that will bail when their contracts are over, due to corporate unreasonableness and lack of local knowledge of china market....
good luck...days like yesterday, take your car out and drive....always gives me a bit of solace!!!!
take care
ed a. |
