Adam Adelman
Adam Adelman
argument evidence information recovery support
I don't think there's enough evidence to support the argument that there is a recovery in information technology.
cash fake impossible investors problems statement
Investors are having problems with reliability and the problem is that it's not impossible to fake a statement of cash flows.
capacity demand finally flash gateway memory pcs pricing seems spite starting
In spite of the Gateway announcement, there seems to be some firming in demand for PCs and flash memory. Pricing is starting to improve. And for IT services, capacity utilization is finally starting to improve.
further numbers optimism roadblock tech upside
Optimism in the numbers will be a roadblock for further gains. The upside in tech is limited.
acting confidence expose market microsoft problem regarding security surprised threat
I'm a little surprised the market isn't acting more negatively. This does expose a real threat and Microsoft has always had the problem of shoring up confidence regarding its security flaws.
biggest capital occurs recovery spending
A quicker-than-expected recovery in capital expenditure spending will probably be the biggest catalyst, if one occurs at all.
arms bottom encouragement good incentive likely market might news offers overly positive since spending wrap
The market will take any good news it can wrap its arms around so if Dell offers some encouragement that might mark a short-term bottom for tech. But it has to say some positive things about the spending environment, which isn't likely since there is no incentive to be overly optimistic.
companies expect investors meet surprises tech upside
A lot of investors have been conditioned to expect surprises on the upside from tech companies so when they see companies just meet expectations they get nervous.
carve extreme growth niche potential restricted
Juniper, Foundry and Extreme will carve out a little niche for themselves, but their long-term growth potential is restricted by Cisco.
confidence customers faith financial health potential
Potential customers have more faith and confidence in the financial health of IBM.
change company expect happen investor patience time turn
Investor patience is not too long these days. For a company like Motorola, I don't think you can expect change to happen in one to two quarters. It will take a long time to turn it around.
considered decisions might people purchasing
People might be delaying some purchasing decisions and in the short-term, that's considered a negative.
business hardware margin move
Anything HP can do to move away from the eroding margin business of hardware would make sense.
cash couple hanging management microsoft optimistic price signal stock
This uncertainty about what Microsoft is going to do with the cash has been hanging over the stock for a couple of years. A buyback would be a signal that management is optimistic with the price of its own stock.