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

To: gbh who wrote (46217)	2/9/1999 9:20:00 AM
From: KENNETH R SANDERS	Read Replies (2) \| Respond to of 132070

GBH>>>>Re:DELL, this company still has a lot of room to grow. Times are good. Just how long have you and Michael Burke been predicting doom for DELL anyway?<g><<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< A friend of mine is translating the DEAD sea scrolls and come across a passage in Exodus that said "If you buy dell, you go to hell". This passage was not inspired by GOD, but by GURUS MB and EARLIE. During Jesus's time there was the Pharisees and the Sadducees . The didn't go long DELL and that is why they were sad you see<G>

To: gbh who wrote (46217)	2/9/1999 10:20:00 AM
From: Earlie	Respond to of 132070

GBH; "Mason has stated that,..." Check his comments last Christmas. Maybe he's changed his stripes this year, but I'll await proof of that. "Tracking nicely",... Nice "sound bit", but about those big receivables...... CPQ took a $5.0 billion "restructuring charge" on DEC last year, so the company has plenty of room to play accounting games. I queried them over that one, pointing out that DEC had been selling off everything of questionable value for a couple of years, and that there wasn't much that could possibly still be written down. Of course, no response. (Is this a form of lying? You be the judge.) I've consistently suggested that this puppy not be shorted or put, for that reason. The management has a solid track record for outright fabrication. Were you tracking the company last Spring? Lunch time. Hope I've got this correct. Last year's loss of a monopoly position, which of course means that you can't do what you've always done,....cut off the bottom end production,..... and this equates with present tense eating AMD's lunch? Pretty stretched logic from an engineer. AMD was worse than on the ropes 18 months ago. The company bet the farm and the kids on the K6 and I would have bet against them. Most box builders were loath to upset Intel, "the only supplier of micros" (for fear of being cut back on allocation) but to their surprise, they found the K6 to be a solid, reliable chip. Wow, at last,... a chance to escape the yoke. Don't kid yourself,... they like this little dickens in the field and Intel took it in the chops. Your argument that the public and the corporate sector will continue to buy the high end boxes because they did in the past sure looks weak, given the stunning rise of the low end boxes.from zero to plus 50% of the market in less than two years. I wouldn't argue that Intel makes money on it's chips. But does it make as much as it used to? When its stock price was considerably lower? When it had no competition? No argument at this end that cost to produce micros continues to fall, but price wars force prices down faster, which has been known to reduce margins. Intel has no choice but to battle on price. Their product is a pure commodity now. PC revenue growth has been crushed over the last 3 years. (Check the figures if you dispute). Recent results and "warnings" point to a continuation of same. Even the industry's cheerleaders are pointing to "saturation". Intel will sell loads of P IIIs? I'll take that bet and give odds. The action is at the bottom of the sales spectrum, not the top. Your logic re corporate buying and "Intel would have died off long ago" is lost on me. They used to be a monopoly and the PC used to be a fast-growing field. The cheap boxes have only been around for a short while. You might wish to talk to some I.T. types for an updated perspective. I've followed Intel for a bit. I've never seen them panic and repackage their high end chips as a bottom end offering, but if they have, please provide that info. How long do you think it will take the market to discover that there's not a great deal of difference except in price? And why would anybody buy top-of-the line power to do word processing? "Things simply aren't any different than they have ever been." This comment pervades most of your other observations, and it is where we basically disagree. I see an industry that has been both a fun place to be and a great place to make money now becoming the opposite. The numbers, trends, and events are on my side. The market so far has managed to ignore the fundamental shifts that are taking place, but as the divergence widens, something has to give. Will it be stock prices, or will something turn the PC market around? Each of us must answer that one for himself. Best, Earlie

To: gbh who wrote (46217)	2/9/1999 10:54:00 AM
From: gbh	Respond to of 132070

[DELL] DELL: SEES 50% OF ITS SALES TO TAKE PLACE ON THE INTERNET IN NEXT 2 YRS. 10:31 [DELL] DELL THINKS E-COMMERCE SPENDING ESTIMATE OF $133 BLN BY 2000 IS LOW. 10:31 [DELL] DELL: BROADBAND TECH. IS "SINGLE BIGGEST" STIMULUS FOR GROWTH AT DELL. 10:30 [DELL] DELL SAYS Y2K EURO CURRENCY AND WINDOWS WILL DRIVE INDUSTRY FORWARD. 10:30 [DELL] DELL SAYS INDUSTRY GROWTH RATE 17% OVER NEXT 2 YEARS. 10:29 [DELL] DELL CEO: DELL WILL GROW "SIGNIFICANTLY FASTER THAN INDUSTRY" IN NEXT 2 YEARS.