re But you may be taking his comments out of context, just the way he wanted you to.
JP,
Can you provide one logical reason why Tom Meredith, DELLs Chief Financial Officer would want analysts, shareholders, and the market to believe that DELL was doing exceptionally well if it were not?
Just one reason why he would encourage optimism on this (to use Lucretia's terminology) 'bloated' stock if it were not doing well?
Especially considering that if it were not doing well, the truth would be public knowledge in less than a month and...
a) The immaculate reputation which Mr. Dell, Mr. Meredith, and the corporation currently enjoys for honesty and concern for shareholder value would be irreparably damaged. That kind of damage would hurt the company's prospects more than anything else I can think of.
b) he had an excellent forum to downplay expectations
c) he had an excellent opportunity to downplay expectations
d) he had a myriad of plausible excuses available: competition, Asian economic crisis, El Nino, CPQs DEC acquisition, etc...
In addition to providing the logical reason for him wanting us to take 'his comments out of context', could you please cite a reference to the last time that you believe any member of DELL's management team may have done anything similar?
As an investor, one should be entitled to question and validate the integrity of management. However, I understand that you are not an investor in DELL. Both Mr. Dell and Mr. Meredith have reputations for unimpeachable integrity. I'm sure you understand that they cannot possibly personally respond to every individual who makes statements such as yours. However, as a DELL investor, I personally resent your pointed innuendo, and am just asking you to logically substantiate your position.
With any due respect, 3.
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