Jim- It is pretty amazing that after hearing weeks of "PC going to he$$", negative reports about the PC sector, "who would invest in those stocks now?".....then, we had maybe one or two days of "Oh, I guess things are fine afterall", and positive sector news.....more concern about Dell, and now...
"Well, 1st quarter's history (even if its good), we are now worried about 2nd half"...
Wow, talk about having your cake and eating it too! Bears are rollin' on this one...
In other words, the fearmongers definently won out this past quarter, and have drowned out reality..
Now, even though I hold Kumar is higher esteem than many on the thread, I do think it is bogus for Kumar to stick with his 5.5B and .16, but "allow" for 150/200m upside, and .01, .02 possible upside...I mean..how BIG a hoop does he need to jump thru to say he called this quarter correctly....uh, I predicted that Dell would produce EITHER .16, .17, or .18 in EPS...Geez...talk about pulling in the homerun fences to little league level!
I am concerned that Kumar keeps harping on Dell here...he does has influence, and, hopefully, a better-than-expected report and CC can take wind out of his sails...His tone has definently shifted from "Dell:The magic is back" report from a few weeks back...Is he trying to out-Niles Niles?
Going back 3/4 weeks ago, Kumar was looking for the PC stocks to really pick up this fall, as (positive) demand trends for 2000 become more clear, and PC stocks get bought...I wonder if he still holds this view...
Thanks for the info... |
