John:
I agree with your comments, particularly with respect to DELL.
My own expectation is that the company will miss the rev number (probably come in close to Nile's number), but barely make the bottom line expectation. Unless Michael wows them in the conference, they'll still bloody his stock a bit if my assumptions prove accurate. If the numbers are even mildly low of estimates, expect serious blood tomorrow,....across the sector. If AMAT also trudged in with some disappointment, "fire one", "fire two", "fire three".
Taking as optimistic a view as I can, decent numbers from both would give us a short breather, but only until warnings period gets underway in a couple of weeks. Now that will provide some waterline torpedos. (g)
Best, Earlie |
