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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: stock bull who wrote (153783)	2/12/2000 8:30:00 AM
From: Sr K	Read Replies (2) \| Respond to of 176387

Y2000: They also stated that Y2K would not be a problem IMO it was the simplistic and imprecise questions. If MSD was asked will Y2K be a problem? ... that is not the same as What Y2K issues do you think may be a problem in Q4 and the early months of 2000? Dell's answer probably was a narrow answer about technical disruptions at customers and suppliers, and in that sense answered the question. But it did not address supply and demand issues such as accelerated late 1999 ordering as a precaution against possible disruptions [aside: the drug sector is weak IMO in part because many had late 1999 volume accelerated from early 2000 and the "market" thinks Q1 will be correspondingly on the light side, but soon enough, the market will look 6 months out to Q3 or so, and not be so concerned about such Q1 shortfalls], or lockdowns in place by 9/30/1999 at many larger companies which would not be removed promptly at 1/3/2000, or a little additional delay to 2/17 due to W2K. I think Dell cannot be blamed for answering that there would be no Y2K problems because at the time there was a sense among business leaders that they had a group responsibility not to set off a panic. Remember, the Fed printed loads of extra cash and there was a widespread belief that there would be some problems and shortages. Many companies built up inventory to cushion expected supply disruptions (Dell did not, at least at 1/28/2000). Dell, as a company, answers precise questions precisely, and general questions accordingly.

To: stock bull who wrote (153783)	2/12/2000 9:17:00 AM
From: Sig	Read Replies (1) \| Respond to of 176387

<<<Would I be wrong in saying that the stock's performance over the past 13 months has been a disappointed to all of us that own the stock? >>> Right as rain and very discouraging. To me the price has been so unpredictable since last May that I mostly gave up on buying calls.There seemed to be no correlation between news releases, analysts ratings, and the stock price. Expected run-ups to earnings were mostly lacking. It mattered little what Dell or MSD said, the market paid no attention or went the other way. He applies to sell 4 mm shares (<2%) and the stock goes up. 1999 was not all bad, looking at the weekly MSN charts Dell was 50 in Feb 1999 and then hit 53 in Dec - a new high. But sickening volatility. Michael has stated he does not mess with the stock price. (he would use better words). <<<< IMO, Dell's management, including MD, have said a number of things that turned out to be wrong. For example, Dell had stated that the earthquake was not a problem for Dell. That Dell could get the components needed to carry on with the business. They also stated that Y2K would not be a problem. Well, as we just found out, both of these items were problems for Dell.>>> I admit one has to read between the lines here, since Dell also said there would be an interuption of some supplies and increased dram prices. They could not have known at that time how serious it would be. On the Y2K and being ready, I assume Dell felt their products would perform well which they did. But almost everyone was surprised that the lights and power stayed on a the credit cards still worked. I hoped the market would be a little more forgiving about this last earning report, but nooooooooooooooooooooooooo, the bears jumped on Dell like buzzards on a road-killed Armadillo. Sig