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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: TRINDY who wrote (74665)	1/27/2000 2:05:00 PM
From: Eggolas Moria	Read Replies (2) \| Respond to of 132070

Hmm. . . I'm not quite sure I agree with the perverse reasoning comment as it relates to Fortuna. He was an early critic of Dell's quarter and had the stock at a 3:1, a clear signal to anyone listening to avoid it. He also said that he would be looking for a better entry point than the $50+/share it was trading at on 1/4/00 (date of his last report). Very clearly, he believes that the worst is behind the company and that the windows 2000 upgrade cycle in 2H will be significant. Note that his model has had 30% revenue growth assumptions (31.2%) for some time for this year. His total report is really quite interesting. If you want to disagree, you'll know precisely where.

To: TRINDY who wrote (74665)	1/27/2000 2:13:00 PM
From: Knighty Tin	Respond to of 132070

Trindy, It is classic investment technique to upgrade an overpriced stock when they lower revenue growth expectations. <VBG>

To: TRINDY who wrote (74665)	1/27/2000 11:52:00 PM
From: Simba	Read Replies (2) \| Respond to of 132070

MB: Look at the logic on this guy: <<Kumar voiced similar sentiments as Fortuna. "If you look last year at Dell's stock, it grossly underperformed in broad market indexes, in spite of having grown revenue of 38 percent. The momentum money essentially drained out of the stock last year, so the company was barely struggling to meet the consensus toward expectations of 40 percent," he said. Kumar added that "having the company reset the bar to a much more meaningful level" means "the strength should return to the stock." >> What an ignoramus! As per this logic every company should miss earnings and lower their growth rates, I mean reset their bar and the stocks can double overnight like internet stocks. Also he says that because the momo guys quit the stock they could not meet the consensus, shouldn't it be the other way around ? Talk about the cart in front of the horse logic. These guys cant be this stupid and get paid this much. As Wayne says, it is a clear case of securties fraud. But SEC will go only after the Tokyo-joe kinda of lowlying scum. Simba

To: TRINDY who wrote (74665)	1/28/2000 3:39:00 PM
From: Earlie	Respond to of 132070

Trindy: One of the reasons why I dislike the N.Y. analytical crowd is well illustrated by their comments in the piece you posted. Notice that the quoted analysts continue to base their forecasts on WHAT THE COMPANY'S EXECS are telling them. As I have noted in the past, these well paid characters use the comments and forecasts provided by comopany executives to "massage" the "data" in their computers. What a joke. I find it incredible that even after having been "had" by Dell's management (recall Michael's wondrous forecast for the just-completed quarter), the analysts still take the company line as though it were gospel. Now they are happy because Dell has "lowered the bar". Of course not one of them would entertain the thought of "lowering the bar" through a nasty research note. Best, Earlie