The market already knows this is going to happen. There are so many things going wrong for the company right now, and this is just one.
More Quotes from Jeffrey Maxick:
Companies have to invest in research and development, lest their competitors pass them by. And they have to spend money in sales and marketing to make sure their products are getting their due in terms of promotion. Right now, the environment is so competitive that it's impossible to shift the increase in costs to the consumer, and companies are getting their margins squeezed.Jeffrey Maxick
If you look at a company like Dell, it's gone up so much so fast that there was little support between 120 and 130, so its not surprising that they would give some of it back.
Jeffrey Maxick
It's really tough to say how that will pan out. Set-top devices could be one of the major avenues of getting on the Internet. For the masses who don't deal with computers on a regular basis, they'll feel more comfortable with using a TV for access.
Jeffrey Maxick
It's definitely the next big boom, if it's not already, for the PC market. If you talk to Intel, they say China is their third largest market behind the U.S. and Japan. It passed Germany recently. And with PCs getting cheaper, that will be good for Internet companies.
Jeffrey Maxick
Stocks don't always trade in conjunction with their business fundamentals. Companies like Compaq and Dell don't have big overseas exposures. They're just getting caught up in this general market sell-off.
Jeffrey Maxick
Readers Who Like This Quotation Also Like:
A blank wall of social and professional antagonism faces the woman physician that forms a situation of singular and painful loneliness, leaving her without support, respect or professional counsel.Elizabeth Blackwell
Writing is the continuation of politics by other means.
Philippe Sollers
Always, through my whole life, I've had a thirst for knowledge.
Emmitt Smith