Mohan, don't get me wrong, the Japs are not going to take over the PC business this year or maybe never. I just said they are going to attack our market this year because of their export advantage over us. Remember I also said that I have sources, (friends) who are in the position to know what is going on. The Japanese govt. is attempting to stimulate their economy and will be looking at the US computer market place as the place to attack. Will they win the war in the US, not in my opinion. I trade most of my stocks based upon sentiment. Right now the sentiment in the Dell investing community is that they are untouchable, the king of computer, have the perfect model, it's almost like our Goldilocks economy where we have no inflation, slow growth and low unemployment. (Nobody talks about our 5 trillion dollars in debt though).
Dell Bulls, Dell is a great company and do a great job at putting their boxes together and getting them to customers at a fair price. With a book value of 3 dollars per share this tulip is in full bloom, sometimes once in awhile a little blight comes around the corner and the tulip wilts, not dies. I am just looking for this bright shiny, perfect tulip to get a little frost, not a freeze. |
