Greg, thanks for the post. Boy, Kumar just never gives up does he?
<<''This will be a one-quarter event, helped by Compaq's misfire,'' said analyst Ashok
Kumar at US Bancorp Piper Jaffray in Minneapolis, who rates Dell shares ''buy.''
Kumar, who is more optimistic about the quarter than most analysts, said Dell's sales
may be as high as $5.7 billion, up 45 percent from $3.92 billion in the year-ago period.
Sales growth at Dell, based in the Austin, Texas, suburb or Round Rock, is likely to fall
back to about 35 percent as Compaq recovers, he said.>>
"As compaq recovers" in the next quarter!! Is he trying to cover his tracks or what? His presumption is that any improvement in the numbers is attributable to CPQ's stumble, not Dell's ability to grow.
I had mixed feeling about the report that "some analysts say Dell could top estimates by a penny or two by taking business from CPQ". It not only raises the bar, but hints that the higher numbers are only temporary. Sort of like saying "Well, they might have a blowout quarter, but they shouldn't be rewarded because it won't last. It's depressingly the same every quarter. The only bright spot is that Dell continues to grow and continues to take market share and continues to evolve. Slower growth is a given, but even slowed growth at Dell is far ahead of growth in most other areas of investment.<gg> Aloha. |
