Dell Reports Strong Second Quarter, Spooks Investors with Full Year Forecast

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big_montana

Companies are not tightening up on spending as Dell suggests, they are just moving away from Dell's unreliable, fugly, old generation products to Lenovo and HP next gen products, at a much cheaper cost then what Dell is selling at. I know this for a fact, as I am purchasing 360+ laptops for my firm and Dells latest offerings leave a lot to be desired. Their Latitude E6320 uses 1st gen Sandybridge, and they just released two new Latitude models that are using Core 2 Duo's.  WTF? It looks like Lenovo for us, and I know of three other companies in my area making the switch to Lenovo from Dell. Total purchases will be in excess of 7,000 laptops. Desktops to be replaced a year later, and Dell will be losing more sales then too, as everyone likes consistency.

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I Jedi

Eventually, the resistance from the stock market will be met with support for the cheaper stock. I only wish I had some significant money to blow on Dell's stock right now, as they continue to plummet. Right now, as of this posting, they're down a whole $1.54. That may not sound like much, but most companies that have been around a long time don't usually fluctuate so badly. For example, AMD's stock price has been sitting around $6.xx for quite awhile now.

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