Mohan...I apologize for not going through the entire DELL SI thread to see if the Kumar and Poyner statements of concern have been discussed yet here, but as usual I am very tired from a long, hard day at work and frankly don't have time tonight........
These two fellas, Kumar (from Piper Jaffray) and Poyner ( from Oppenheimer) stated today, after the bell, that DELL's numbers are going to slip for the first time since 1996....Kumar thinks DELL's unit volume growth rate is going to be about 7.6 compared to the industry's average rate of 9.6...For comparison DELL came in at 14.4 and 14.8 the last two years..............Poyner thinks DELL's pricing reductions are greater than component price drops, which will affect DELL's gross margins as they try to remain competetive....
Has there been any other information, and discussion here, to indicate these guys are full of hot air or is there something to this?
I know professional analysts can be way out in left field in any number of industries/companies and we've seen it before in DELL...Remember the Strong Sell by some analyst from Punk Zeigler (who I have never heard of before or since)?..Then there was the Kaufman Bros. downgrade some time back that proved to be just as erroneous and errant as the former incompetent analyst....
Tell me, what do you know about this?...The component drop measured against ASP drop?, and the growth rate slipping to 7.6 (especially when the industry average is 7.9)---DELL falling behind sounds like a sick joke, but tell me what you know anyway.
Thanks, and it looks like the 70-73 range we talked about awhile back is what we may be getting, however there are still 2 full days left, and Intel's positive statements after the bell today should bode well for DELL to maybe make high 70's by the close of Thursday's report.
Thanks, George |
