MMV, as far as WDC is concerned, what I reported was what IR told me. I was lied to and reported that as well, but apparently you only have selective memory. It is public knowledge that Haggerty was saying one week before the release that he was comfortable with the lower end of the estimate range and then missed that.
As far as my satisfaction with Dell (BTW, it is Mikey, not the Mickey), I will let the stock's performance speak for itself (an excerpt from one of my posts yesterday):
,"Biggest Winners of the Decade", check this out. I just received
Kiplingers Personal Finance, January 1999 edition. There is an
article"Biggest Winners of the Decade". Dell gets the trophy with a
57,282% return:
"Now the master of the mail-order-computer, Dell is the "poster
child of the '90's bull market" says O'Shaughnessy (James
O'Shaughnessy, who manages Cornerstone Growth Fund). Had you
invested in Dell in 1990, you'd have reaped an annualized return of
107%-doubling your stake, and then some, every year. Dell is
poised for further glory if notebook and desktop PC sales continue
to increase. A consensus of analysts predict 30% annual earnings
growth over the next five years."
By the way, since I own it, I have realized in excess of 3000%.
Lastly, sorry about the moron crack. I sometimes get carried away when I think someone is trying to post, what I perceive to be, inaccurate statements.
:o)
Drew |
