DellFan- I saw it and have a bit of a different take..
I don't think MD was as good as he could have been...could be hesistancy because of quiet period...but I would have like to see a bit more excitement..
(MD tends to be a very mechanical speaker, of course)
Maybe it was the camera angle, but I couldnt catch a "glint in the eye" confidence that I usually see...dont think it's necessarily bad, but I think CEO probably get bored answering the same questions, day in/day out...
On the positive side, I liked his answer on Y2K...sounds like the rest of year is becoming more visible...continued to talk about small business/gvt. pick up in 2nd half of year....nuclear winter does seem to be a strong possibility, although a bit of a slowdown could happen...that's not too bad (given previous forecasts by many)
One last thought: I believe that (what I perceived as a bit of reticence) is kindof the "new" MD publicly...Since the stock does not have the 200% upside potential...(more in range of 30-50% p.a.), I think MD wants to keep expectations reasonable, and flatten a bit, the big euphoric swings in the stocks...manage it more conservatively...
I am only talking nuasances here...I really don't see any major changes in his words, delivery, posture....
Purely SWAG on my part..
Bond data was great...eventually, we'll go back to the 5.25-5.50 range....inflation is not here...bond bears have scared folks long enough here.. |
