Semi-OT, semi-OT, semi-OT
Chuzz-
Q: I've noticed that the last two times I've heard MD speak he has used the terminology, "much faster than the average" rather than "at a market multiple"....Now, perhaps I am simply bored tonight, but reading the tealeaves of CEO/Wall Street speak, could this, in your opinion, be any sort of indication of a slowdown (even a slight one) from the current rate of growth? (After thinking about it, I came up with two other possibilities 1) MD (and TM, MT, etc) are talking a wee bit more conservative so that expectations dont get too far ahead of themselves again and bring us another situation like after the 1Q earnings announcement when MO guys bailed, and the stock dropped heavy...in other words, he is racheting down expectations ever so slightly to give us all a smoother ride or (2) I, indeed, am bored and am reading nothing into something.....
I am assuming you saw MD on Moneyline.....Pretty strong answer on CPQ/DEC....I've seen where you've mentioned Dell could suffer from possible dislocation of business due to the CPQ/DEC merger (because of the loss of DEC as service provider)....after hearing MD, it appears that the business that will be gained by CPQ's rivals (on the service end) will exceed any short-term drag.....He was pretty clear about his vision of CPQ/DEC....He agrees with our (you and I) opinion about the indigestion problem for the coming time and is not afraid to say it...
Commentary: Lou Dobbs and CNNfn are not real impressive. I know Dobbs has "put his time in" in the industry, but I don't think he is a very good interviewer, rarely displays more than a cursory knowledge of any business sector....seems pretty much like a newscaster, and not so much an analyst....Maybe I expect too much...I've seen where CNNfn has picked off Terry Keenan and Bruce Francis from CNBC....I think they were some of the weaker links there......The best regular I've seen is Neil Cavuto (former CNBC, now Fox). Ron Insana and David Faber a close second.....Karen Gibbs was pretty good too (Sue Herrera, too).
Man, I must be bored....rating the TV guys...Jeez!
Anyway, the NAZ has fallen a little further than I thought...today was definently overdone.... (and may still go a wee bit further) but things are still setting up nicely for the summer scenario I have outlined in the past...
Cheers. |
