Oh great, another 'sequential fan' from CNET News.(In reply he writes..)
Hi Dorine:
Here is what I got in reply from Michael Kanellos.This is great another Kumar/Niles fan,sheeesh. Looks like Michael is disappointed in me as I was with his reporting,oh well.<vbg>
----Original Message-----
From: Michael Kanellos <michaelk@cnet.com>
To: Mohan <mohanmarette@earthlink.net>
Date: Tuesday, February 16, 1999 10:45 AM
Subject: Re: 'Dell suffering from battle fatigue?'
just look at the quarterly sequential sales, mohan. Your failure to see beyond your bottom line really disappoints me.
=====================================
At 07:05 AM 2/16/99 -0600, you wrote:
>>>>
Michael:
As a avid reader of your publication on the net and as a long time shareholder of Dell your article mentioned here really disappoint me. What do you the "National Equirer" of Tech News now?
In spite of what Kumar and Dan Niles have said there is no evidence that Dell is suffering from battle fatigue or anything remotely close,if anything the 'other guys' are running scared and frantically trying to emulate the 'the Model'.
In you own admission Dell is to report $1.06/share for fiscal 1999 as opposed to 0.64 for fiscal 1998,that is a whopping 65.6% increase in YOY earnings,does that look like 'battle fatigue' to you?
If you have done any research you would have also known that according to both IDC and Dataquest Dell is closing the gap both here and aborad fast and that Dell has increased their market share worldwide and here at home and further more the report also reveals that Compaq,IBM and others are losing ground.
A little less sensationalism could go a long way in establishing credibility with your current readers and potential readers. In your frantic desperation to win more 'eyeballs' sticking to the facts at times may prove to be a luxury but what is that got to do with honest reporting. You could have waited until the company reported earnings or you could have at least be little less sensational with the 'Caption' and everything.
Oh well perhaps that is asking for too much these days, 'Golden boy looking a bit tired', my ASS-et.
Regards
Mohan Marette/A Dell shareholder
============================
Dell earnings could show signs of slowdown
By <mailto:michaelk@cnet.com>Michael Kanellos
Staff Writer, CNET News.com
February 16, 1999, 4:00 a.m. PT
Golden boy Dell is looking a bit tired.
A slowdown appears to be in the cards for <http://www.dell.com/>Dell Computer, which reports earnings today after the market closes. The stock dropped more than 10 percent in anticipation of the conference call and closed trading Friday below 90.
<http://www.hp.com/>Hewlett-Packard will report earnings today as well, at 1 p.m. PT.
Few analysts, if any, are reading a crisis into the situation. The Round Rock, Texas, company is expected to report 31 cents in earnings per share for the fourth quarter, compared to 20 cents per share for the same quarter year before. For the year, Dell is expected to report earrings of $1.06 for fiscal 1999, which ended in January, compared to 64 cents a share for the previous year. |
