Laura Conigliaro
Laura Conigliaro
bit change currency ibm list perhaps picture rating time
We have it ( IBM ) as a recommended list rating because, ironically, this currency change comes at a time when the fundamental picture is actually perhaps a little bit better than what we had been expecting,
both current fair higher margins moving multiple revenue value
We show both revenue -- a little -- and margins -- more -- moving higher than current estimates, yielding a fair value of around $38 even without any multiple expansion.
amplified companies couple felt few induced internal last slowing sun
Over the last couple of quarters, very few companies have felt the combination of externally induced slowing amplified by some internal miscues the way Sun has.
beating sending signals smoke
They've been sending signals before. But it was smoke signals before. Now they are beating drums.
although cautious continue environment estimates evidence mostly remains worse
Although our evidence remains mostly anecdotal, we continue to see a macroeconomic environment that, if anything, is worse than even our cautious estimates have been suggesting,
hand keys kingdom process turning
They're in the process of turning it around, but I wouldn't hand them the keys to the kingdom just yet.
area company product quarter shine
There wasn't anything in the quarter in any product area that the company did not shine on.
business conditions difficult far positive remain summer sun thus
Notwithstanding the positive announcement ... our sense is that business conditions remain difficult for Sun thus far in the summer quarter.
earnings highlights power
HP's fundamental earnings power highlights that this is more than just a restructuring story.
business causes desktop rather
HP, in fact, could also be one of the causes, rather than the victims, of the miss, as it shifts more of its desktop business to AMD.
both bottom quality reported top
reported a strong, high-quality quarter, with substantial upward revisions to both top and bottom lines.
answer chose slow
His answer was a crisp articulation of why they chose to slow down growth.
actions public statements sun taken tone tried whether
For the most part, Sun has tried to tone down some of those public statements and actions of that ilk. In general, Sun has taken more of a statesman-like position. As to whether they would do something like this or not, I have no idea.
easy growth high hitting initially likelihood ourselves percent target
The likelihood of Dell hitting the high end of its 6 percent to 9 percent (revenue growth) target, which many investors, ourselves included, initially thought was an easy target to beat, is now much lower.