Welcome to the DELL thread, Russ
... At DELL's last earnings,with all the positives and then dropping, and not beating that whisper #, I read somewhere on the net that it may have had something to do with all the talk on this thread concerning that expected # with the high expectations. ...
Interesting conjecture, especially as I was contacted and interviewed by one of the magazines (Fortune or Money, I forget) regarding the whisper number and deriving investment information from the SI forum. I think that the earnings forecasting contests that Pat has been running are a lot of fun, but, IMO, they tend to build increasingly unattainable expectations into the stock price. There are a few posters on the thread who have done a LOT of work to develop and tune spreadsheet analyses to estimate DELL earnings. Most of us just guess. As you know, most of us are positive on DELL so our estimates get to be a little euphoric or e-bull-ient sometimes. Long time posters know which of us do it conscientiously, but someone who just 'drops in' to get the sentiment and make a momentum play doesn't have any idea how our estimates are derived.
DELLish, 3. |
