Andrew Neff
Andrew Neff
fill good helps ibm margin product sell
It's good for Compaq at the margin, because it helps them fill out their product line, and it is good for IBM at the margin because it helps them to sell storage.
cash consistent degree earnings flow growth high ibm investor owns relatively
As we have said before, the investor owns IBM for its consistent earnings and cash flow growth and relatively high degree of earnings predictability.
apple clear dominating french impact microsoft
The impact on Apple is not clear yet. But the French are late; Microsoft and Apple are already dominating the market.
renewed spirit view vigor
It corroborates our view of a renewed sense of vigor and competitive spirit at HP.
both confident continued estimate happen large law network numbers require rich strong surprises underlying unlikely upside
While we are very confident about the firm's underlying fundamentals ... Network Appliance's rich multiples require 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.
believe compelling lies networking shares software storage value
We believe Adaptec is not a compelling storage networking story at this point, as we think most of the value of ADPT shares lies in its software business.
average below corporate encouraged expectation front margins product revenue school
We are encouraged by the new product launches, which are timed in front of the back to school season. While a low-end product would have margins below Palm's corporate average of 39 percent, we have already incorporated this expectation into our revenue and margin assumptions.
believe extend further growth lead means potential
We believe this means more growth and the potential to further extend its lead in the server arena.
against company engines execution goals growth multiple revenue
We think the company has multiple engines of growth coupled with better execution against the goals of diversifying its revenue streams.
behind business likely optimistic problems prospects reason services slump strong turn worst
The reason we are optimistic about IBM's prospects is that with the worst very likely behind it - Y2K freezes, the problems in the HDD business and slump in services revenues that impacted 1Q00 - second-half 2000 is likely to turn up strong for IBM.