Hello Mr.3!
Thanks again for all the anecdotes you've been sending me.
As you know, today Mort Topfer was attending the Morgan Stanley's (where I am an intern now) Annual Semiconductor and Systems Conference in Laguna Niguel, CA. I had a chance to read the highlights of his presentation.
The guy was quite upbeat, very positive about the near and long-term prospects for Dell. Among other things he mentioned that rate of PC growth in China is accelerating (as you know they are opening a manufacturing facility in that region). Also, he mentioned that according to Dell's customer survey, which was done last year, 68% of customers buy Dell products for reasons other than price ( technical assistance, support, reliability, etc.) and only 32 due to price. Dell's PowerEdge server is #4 worldwide and in the US. Topher believes that the upside opportunity in the server and workstation areas is robust. Dell believes its consumers continue to have a healthy demand for Dell's most richly configured systems.
In other words, there were a lot of pretty positive comments in his report. I think we will see some positive movement in the stock tomorrow. By the way, I have bought tons of 2000 75 calls. I think they are incredibly cheap.
Best regards,
James. |
