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


To: TokyoMex who wrote (98654)2/13/1999 9:30:00 AM
From: cirrus  Respond to of 176387
 
Some analysts remind me of the TV weather reporters we have here in Northeast Pennsylvania. Whenever a low pressure system appears east of Texas, they issue dire warnings of snow - 12 inches possible!!! Everyone runs out to stock up on groceries, schools close, snowplows are made ready - and we get 2 inches that melts before afternoon.
Then they explain that the storm tracked south or north, or a warm front from the south inverted the jetstream axis so the precipitation landed on the moon.... Anyway, everyone is so relieved and happy that they don't realize the chances of a major snow dump were minimal.

However, if the forecast was realistic, for two inches, and through a fluke we received 12 inches, all hell breaks loose.

Same with analysts. Remember HWP last year. Everyone was predicting a great Q because of PC sales - then, BOOM! Uhhh, yeah, we sold a ton of PCs, but had to drop prices to do it. No, we didn't know margins were off.... stock dropped like a rock when HWP announced the shortfall a day early.

The analysts are simply covering their behinds. If they're right, they're heros. If they are wrong and Dell reports a great Q, the stock price jumps and everyone is happy anyway.