Dan Niles
Dan Niles
core profitable services
Services are much more profitable than their core business.
fourth implies looking people range
Slightly, to my mind, implies 3- to 5-percent growth. I think most people were looking at the 7- to 8-percent range for the fourth quarter.
affects europe
They're going to get clobbered. If it's a Europe problem, that affects everybody, not just Intel.
believe downside happen high poor reasonable remain sidelines stock though until
Though we believe Dell can outperform the Nasdaq in 2000 after a poor 1999, we believe this can only happen after expectations have been reset to more reasonable levels. We believe downside on the stock is to the high $30s. We remain on the sidelines until then.
against increased intel market past percent price seen share war
Over the past two years, AMD has increased its market share against Intel from 13 percent to 21 percent. For those who thought the price war was aggressive, you haven't seen anything yet.
against current hard increase vote
If the shareholders vote against this deal, it is hard to see how she will remain. In our opinion, the only beneficiaries to the current increase in uncertainty are Dell and IBM.
almost computing continuing drive enterprise expected focus fourth global gross improvement margins mix next percent produced profits revenue segment services total year
Their focus on the enterprise computing and global services segment produced 51 percent of total revenue and 90 percent of total profits in the fourth quarter. A continuing improvement in the mix is expected to drive gross margins to almost 25 percent next year from 23.5 percent this year.
caught magnitude people problem
The magnitude of the problem is what caught most people off guard.