LoD, well, we are now in agreement...Dell will head south tomorrow...driven by GTW's earnings report and general market conditions.
After having said this, we need to see why GTW missed the 44 cents estimate. From a brief glance of GTW's numbers, it seems they had growth in revenue, earnings and margins.
Have you had a chance to look at the details? If yes, was there increased spending for engineering, sales/marketing, advertisments, or ???
Depending on the reasons for GTW's missing the 44 cents, the affect on Dell may be minimal. If GTW has said the market was bad, acceleration of price competition, etc., then Dell will be impacted.
You thoughts and comments appreciated.
Stock Bull |
