Toni Sacconaghi
Toni Sacconaghi
believe generate grow held improve market meaningful order recent revenue share sun unix unlikely
While Sun has held its own in Unix servers in our recent surveys, we believe that Unix market revenues are unlikely to grow materially going forward, and accordingly, that Sun will need to improve its (x86)-based share in order to generate meaningful revenue growth.
currency expect force growth impact memory negatively rising
We expect that currency headwind, which will negatively impact Q1 growth ... and rising memory prices, will force Dell to keep expectations low.
beneath company confidence declined despite extra fact gain gross headline margins pc share week
Beneath the headline numbers, Dell's FY Q4 06 was not confidence inspiring. Dell didn't gain PC share in the quarter, despite the fact that its gross margins declined meaningfully and the company had an extra week in the quarter.
company fourth gained growth highly pc quarter revenue struck
We think that the fourth quarter will demonstrate Dell gained PC share, particularly in highly scrutinized international markets, and that the company struck a better 'balance' between revenue growth and profitability.
buy investors stock
Should investors buy the stock now? No. There is too much uncertainty...for investors to get comfortable with the stock short-term.
clearly expecting force gone ingredient material presume since stock took work
Since he took over, the stock has gone up 25 percent, so clearly the market...appears to be expecting material cost-cutting, of which I would presume a significant ingredient would be work force reduction.
amount confident excited given goes hard issue leadership overhead people pulling stock tremendous
The really big overhead issue is the merger. There's just a tremendous amount of uncertainty around that. It's hard to get people excited about, or confident about, the stock given the uncertainty around the merger. If it goes through, there's uncertainty around pulling off integration. If it doesn't go through, the leadership of HP is in question.
appear
Sun's fundamental story does not appear to be changing.
likely market prevailing quick suggesting
Suggesting that quick fixes are likely may be underestimating prevailing market dynamics.
business decline moving page present volume wonder xerox
Xerox would present such an unfathomable integration challenge. Really, when you think about it, Xerox would like to be more like HP. The page volume is moving more to printers, and you wonder why HP would effectively want to take on a business that's principally in decline when they effectively have a business that's increasing.
checks continues demand fact hoped imminent remain simply
As much as we had hoped that our reseller checks would have been more encouraging, the fact is simply that demand continues to remain weak, with no imminent rebound,
current investor percent reduction satisfy seems workforce
A workforce reduction of 10 to 15 percent (3,800 to 5,700 people) now seems more likely, but may not be enough to satisfy current investor expectations.
fourth fulfilled grow priority straight third year
This is the fourth straight year where your priority is to make money. It's the third where your priority is to grow . You haven't fulfilled those priorities.
against consequences deliver fourth fulfilled growth next previous priorities priority straight third time year
This is the fourth straight year at your analysts' day where you said your priority was to make money. It's the third straight year where you've said your priority is to grow. You haven't fulfilled those priorities in the previous time frame. ... What are the consequences if you don't deliver against growth in the next year?