Tuesday, November 27, 2007
Whats up with Dell?
The computer giant has shown impressive growth in earnings and stock price in the past, but investors have been waiting for a repeat of this for many years. The performance of the company has been satisfactory, however many continue the business models of hardware companies in general. An added blow to Dell has been an SEC request for the company to re-state its earnings 2003-1st quarter 2007. Investors reacted in their normal manner and share price once again plummeted. Interestingly enough the re-stated earnings came out better than the originally posted ones????? Share price increased and all is merry.....hmmm sounds like wall street and regulators play more games than we could expect....http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=AP&Date=20071031&ID=7711838
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