Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SecularBull who wrote (161561)	10/4/2000 5:27:59 PM
From: JRI	Read Replies (2) \| Respond to of 176387

Long...we are talking about managing investor expectations...he did not say 1 1/2 weeks ago that he "didn't know" about the quarter....or attempt to set up the quarter cautiously....instead, he came out very confidently and said they don't see any trouble....and in fact floated several "30%, no problem" press releases....that was unnecessary given what he knew.........the implication was clear..."we are not being affected"...if he was operating on limited data, then MD should have gotten that point across at that time....he did not, and should be held accountable.. Yes, my 2% position would have felt much better had he presented things more cautiously...and the stock take a hit...and, if by chance, actual results would exceed expectations, then fine.......that is/would be properly managing expectations (in my book) and I would have felt (that) he was being straight up with shareholders (telling us how much he knew, what he knew, and when he knew it)....instead, I believe he was reckless (but again).. (I will not go into any theories about leaks, etc...I have no direct evidence, so I won't go there....but the stock has gone straight down from his "30%" announcement...so either MD has had no credibility on the issue...or someone inside us was selling...either scenario is troubling....I was hoping MD was going to prove 'em wrong this time...he just gave up a little more credibility IMO...Reagan defense does not work this time..BTW- This is a CARBON COPY of the Taiwan fiasco from 1999, except in that case he stated that all was fine at the shareholders meeting, and came out 1 1/2 weeks later with the warning....in fact, he had Meredith do it for him....which I found disingenuous at the time...and still do). My comments stand regardless of what the stock does from here...MD's been a CEO for 15 years...I expected more.