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Technology Stocks : Dell Technologies Inc.

DELL 117.31

+2.3%

3:59 PM EST

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To: Mohan Marette who wrote (77514)	11/10/1998 9:05:00 AM
From: LWolf	Read Replies (4) of 176388

Is Piper Jaffray's Asholk Kumar doomed to irrelevance? This morning on CNBC, Herb Greenberg (of TheStreet.com) talked about DELL and Kumar's comments. I didn't hear the whole thing, but found an item in this morning's edition of TheStreet.com from Greenburg: excerpt: Credibility killer: Piper Jaffray's Ashok Kumar on Monday told his clients that when Dell Computer reports third-quarter earnings Thursday, the final numbers will show that Dell's unit growth rate lagged the PC industry, he believes. As a result, he said he thought its stock was too high. Investors reacted by bidding Dell up another three points. This was just the latest in a series of warnings by Kumar about the PC makers, and investors may want to pay closer attention. Analysts don't just make willy-nilly against-the-grain calls like that unless they think they're right. And Kumar's been right before. (See Eric Moskowitz's recent profile for TSC's Unsung Heroes series.) To be wrong with calls like that is to be destined to a future of irrelevance. thestreet.com subscription required

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