Laura Conigliaro
Laura Conigliaro
accomplish april bound changing check confident create execution meeting needs reality scope timing
The postponement of Dell's analysts' meeting from April to September, while bound to create more uncertainty about the timing and scope of Dell's changing model, is probably a reality check on how much Dell needs to accomplish before it can feel confident about execution and results.
business checks general hardware ibm march original pickup revenue sufficient suggest
While our checks suggest that there was a general pickup in hardware business at the end of the March quarter, this was probably not sufficient for IBM to make our original revenue forecasts.
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 bottom quality reported top
reported a strong, high-quality quarter, with substantial upward revisions to both top and bottom lines.
best continue design driven grow ibm opportunity parts percent primarily remains
Microelectronics remains one of the best parts of IBM and, we think, has an opportunity to continue to grow by at least 20 percent going forward, driven primarily by new design wins,
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.
caused evidence investors paying seen start
We have already seen some evidence of this?more than anything it has caused investors to start paying attention.
benefit cycle economic expanding group huge names product solutions stock strong taken ultimately
Sun's stock has already taken huge blows, is one of the better names in our group and should ultimately benefit from a strong product cycle and an expanding solutions approach, ... For now, however, we think the economic cycle probably has the upper hand.
call confirmed demand fairly grim picture
Sun's intra-quarter call confirmed the fairly grim picture of demand that we have been seeing,
both dominance given growing likely market opportunity strong upside within
with likely upside in both cases, given a strong market opportunity and the company's growing dominance within it.
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,
area company product quarter shine
There wasn't anything in the quarter in any product area that the company did not shine on.
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.
beating sending signals smoke
They've been sending signals before. But it was smoke signals before. Now they are beating drums.