Andrew Neff
Andrew Neff
july last seven six stocks technology time weak
Six of the seven last years, technology stocks have been weak around that time period. June, July has usually been around a bottom.
both continued estimate happen increases large law multiple numbers requires rich strong surprises unlikely upside
The stock's rich multiple requires continued strong upside surprises and estimate increases -- both of which are unlikely to happen near-term as the law of large numbers catches up with the company.
industry issues needs structural
This is an industry that needs some consolidation. There are some structural issues that need to be addressed.
oil state
This is the continuation of state consolidation in the oil sector.
best possible scenario
This is the best possible scenario for Dell.
high key market retail share
Compaq is No. 1 in the retail segment, they're No. 1 in the high end of the business. In the small-business segment, they don't have the same market share they have elsewhere. The key for Compaq is how well they'll execute.
impressed year
A year ago, I didn't know what to make of him. But I've been impressed with what I've seen.
believe cited company demand extent industry laundry lead list problems products related specific woes
The extent of Apple's pre-announcement and the laundry list of problems that the company cited lead us to believe that its woes are as much company specific as they are industry related and the demand for products is just not there.
cyclical point worked
Our point is that, like other cyclical businesses, this overcapacity has to get worked out.
accord apple appreciate deserves dynamics financial great investors minds returning step superior viewed
Investors do not appreciate the superior financial dynamics at Apple and do not accord it the valuation it deserves - because, in our minds ÂÂ-- Apple is still viewed by many as a reformed alcoholic - just one step away from returning to the gutter. We have a different view and think there is a great team.
given total
I don't think this is a total shock, given what their competitors have done.
buy odds
The odds are long that someone would buy Gateway.
address behind early effective needed partner tried
They were probably a little behind the curve, but it's still early in the game. Compaq needed a partner for an ASP opportunity. They tried to address it on their own, but this is probably a more effective way to be doing it.
digital either equipment jury turnaround
It's either another Digital Equipment or another turnaround like HP or IBM. Right now, the jury is still out.