Richard Chu
Richard Chu
cannot july large months past revenue secular shares upgrade upwards
To a very large degree, the significant compression in Dell's valuation over the past 18 months already discounts this secular slowing, with price-to-trailing revenue now at 2.5X, down from upwards of 5-6X not too long ago, ... Accordingly, our upgrade of the shares in July and this downgrade cannot be more ill-timed.
player strongest
Things are bad. They are not the strongest player out there.
good great help needs regular software using video
Video conferencing using 3G is something NEC needs help with, ... The have regular application software they are good at, but they are not great at video streaming.
help needs using video
Video conferencing using 3G is something NEC needs help with,
environment gains high revenue
I don't have high expectations for revenue gains from HP in this environment.
challenge direct flux
There is so much flux there ... I don't see it as a direct challenge to Dell.
costs divide risk share split
They can split the costs more. It makes sense to divide the cost and share the risk.
chinese family major
Usually major celebrations, in Chinese traditions, (are) a family affair.
attention attractive believe business ceo missing operations situation underlying
We believe that the CEO will tighten operations execution. Business is trending in the right direction, underlying franchises are strong, and what is missing is attention to operational execution, a situation that we believe will be rectified. We think this is an attractive place to put new money.
attention attractive believe business ceo missing operations situation underlying
We believe that the CEO will tighten operations execution, ... Business is trending in the right direction, underlying franchises are strong, and what is missing is attention to operational execution, a situation that we believe will be rectified. We think this is an attractive place to put new money.
channel issue model
The overriding issue is on getting the channel and distribution model in shape,
decision management opens positive possibly table view
The decision opens up the possibility, which was really off the table before, that the new management will re-examine the possibility of possibly partitioning the company, which we view as positive for the stock.
chance numbers
They have a chance to write the script. Right now, the numbers are all over the map.
bit seems trouble
There seems to be a bit of trouble in paradise.