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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Cynic 2005 who wrote (23787)3/8/1999 2:23:00 PM
From: John Pitera  Read Replies (1) of 86076
 
Small dell item in today's H Greenberg.

also for Tippet, greenberg says exsqueze me.

Dell-head hoopla-for the record: While some short-sellers believe Dell (DELL:Nasdaq) will be "the short of the century," as this column recently reported, Piper Jaffray's Ashok Kumar, who was first to notice that Dell's revenue growth was slowing, now believes the worst is over-probably. He doesn't expect a first-quarter surprise (at least not yet) and expects the stock to bottom at around 70.
Send me to the woodshed: An item here last July raised serious question about Best Buy (BBY:NYSE), and whether its swollen expenses would catch up with earnings. I'd say that judging by the 40 point rise (or near doubling) in the stock, the answer is NO. (Another not-so-shining moment in this column's history.)
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