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

To: Chuzzlewit who wrote (115726)	4/9/1999 6:59:00 PM
From: BGR	Read Replies (2) \| Respond to of 176387

CTC, I agree with that prediction. -BGR.

To: Chuzzlewit who wrote (115726)	4/9/1999 7:06:00 PM
From: edamo	Read Replies (2) \| Respond to of 176387

chuzz...re cpq...exit stage right.. the competition in the consumer pc business has caused havoc with every "major" player who has attempted to play in this low margin arena, thru inventory laden distribution channels....it's taken its toll on cpq, ibm, hwp...i think what is happening is the beginning of a shake out...and the reformation of what used to be..a stratified market...high end and the generic others...with no crossing over by the manufacturers...

To: Chuzzlewit who wrote (115726)	4/9/1999 7:48:00 PM
From: LemurHouse	Respond to of 176387

Chuzz, I agree with your observations regarding CPQ's inventory & accounting shenannigans and their growing inability to compete profitably in this market. No question that they are losing in the marketplace -- a trend which has been well documented by many on this thread. But I don't see them actually exiting the commercial PC space unless and until there is a whole lot more blood over there than has been so far. Its too central to their business for them to abandon -- afterall, if they give up there, they'll soon be giving up on their other markets for the same reasons, and then where would they be? I would think that we can look at even more pricing contortions and attempts at "reinvention." And maybe some changes in the executive office. (I'd rather see their current team stay in there to drive the good ship completely onto the rocks, but that's probably more than we can hope for.) In any case I don't expect any change to the essential fact that DELL is eating their lunch. Despite the favorable guidance in yesterday's analyst meeting, DELL might fall further in the short term. Mr. Market being the excitable fellow that he is. I already have a large position in the stock, but I find myself wondering if I should add to my position if the stock falls next week. Still sanguine about the longer term. (12-18 months.) "Courage" to all longs. Don't be confused by "I told you so" postings or the ego needs of the various chicken little posters who show up on this board whenever DELL falls a few points. Andy

To: Chuzzlewit who wrote (115726)	4/9/1999 11:59:00 PM
From: Bretsky	Read Replies (1) \| Respond to of 176387

This from James Cramer........ HILARIOUS POST FROM JAMES CRAMER Compaq's 15 Cents of Fame By James J. Cramer 4/9/99 5:42 PM ET Well, I'll be. Can you believe these guys from Compaq (CPQ:NYSE)? Can you believe it? Why didn't they wait even longer? Why didn't they do it at 6:30 p.m.? Or maybe during Millennium? Or how about after the Yankees home opener? During the Masters Finals on Sunday? And give me a break. You miss by 15 cents and you just discover it? You just tell us now? What were you waiting for? We had so many signs, but these guys really held out, didn't they? Talk about no credibility. This defines no credibility. OK, enough with the outrage, especially because I have some out-of-the-money puts that might turn out to be in the money when this debacle is finished. But my small put position in Compaq won't make up for the collateral damage that I will be hit with in Intel (INTC:Nasdaq) and Microsoft (MSFT:Nasdaq), and some of the higher-end PC plays Monday. Does this incident ever remind us how tough computers have gotten? These stocks look like quicksand to the Web's asphalt. (Don't forget Compaq is saying demand is sluggish and competition is brutal, both awful for the industry.) As I write this I am seeing bids in Instinet for Intel at 127 1/2 and Microsoft at 91. Maybe I am a sucker, but I am not hitting them. That's too low. Any lower and I would be bidding instead of talking. However, two points higher and I would be tempted to cut back because this news will dominate the tape and the papers on Monday. Compaq's terrible execution can bring the sector down, no doubt about it, even though its imprimatur is definitely tarnished. In fact, its gloomy guidance will prevail until someone says something different. (Perhaps on Tuesday, April 13, when Intel reports? Or is that wishful thinking?) As there will be no Compaq conference call, I'm going home. We will deal with the mess that Compaq just delivered on Monday, when it will smell just as bad, as these things tend to get more fetid as over the weekend. Stinko.