Dell complaints

[Rocke_T_Sinetist]

Gawd, I worked for Packard-Bell back when they gave up their TV business to competition from Panasonic, circa 1973. Their computer product went to shit, their market went to shit, and they went out of business in short order, despite brand recognition and an established customer base.

Don't these 6-figure MBAs learn anything from business history? What the fxck do they spend 6 years in college doing then?

Not that MSD would know, he didn't spend 6 semesters. But he hired them and turned the company over to them. You don't suppose that was a mistake, do you?
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Rocke T Sinetist
as in, 'it doesn't take a...'

[c_duffer]

At COB on Thursday, Dell may release very bad results and in those results will be millions of dollars they paid to 401k and EPP holders that LOST money because of the accounting scandal (but that wasnt the reason Dell claimed). Perhaps the accountants can do some creative accounting and spread this charge around to other categories? I expect, at minimum, a 10% loss by end of week which should put Friday as the day it opens and closes way below $10. How low can it go? Gateway sold at around $4 when they were bought by the Chinese. If the Chinese buy Dell, will we still be talking to India?
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I was burned out and didnt mean to prank call customers from work. I am sorry.

[horsehead]

I am new to this site... have been a Dell employee for quite some time. I'll keep it short, there are a lot of things wrong with Dell and there are some good things... I agree that lately the good things are becoming harder to find... but let me get this straight... you are enjoying the fact that the average Joe Blow employee at Dell is losing their savings ? Wow... that's pretty callous... what makes you guys any better then?

[Rocke_T_Sinetist]

It's not good news for anyone. I lost my career of 40 years, and my home, to Dell. Many here invested their talent and money in Dell, only to have it turn to shit.

We tell that story to keep it from happening to anyone else, without at least warning them.
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Rocke T Sinetist
as in, 'it doesn't take a...'

[Licky_201]

Looks like HP is picking up alot of the Dell business...from today's release

NEW YORK (AP) -- Hewlett-Packard Co. offered a fourth-quarter outlook slightly above Wall Street's expectations Tuesday despite the sagging economy, going against the grain even as other technology bellwethers have slashed forecasts and posted weak results in recent weeks.


Its shares climbled more than 13 percent in morning trading.

The Palo Alto, Calif.-based company expects earnings of 84 cents per share and adjusted earnings of $1.03 per share for the three months ended in October. This is slightly better than the $1 per share, excluding items, that analysts polled by Thomson Reuters are expecting.

HP forecast revenue of $33.6 million, compared with analysts' expectations of $33.09 billion.

[c_duffer]

Today is the day- stock is sitting below $10 and should at least close below $10. Then it will fall like a sinking ship after dell announces the quarterly results. Sink, sink, sink. Then perhaps Mike will listen to his customers.
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I was burned out and didnt mean to prank call customers from work. I am sorry.

[hiwaystar]

I'm still thinking 5.00 soon
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I don't give a damn what it was desiged to do.
what can it do?

[Starman97]

probably not until the reality of the 4th quarter sets in.
But by that time, the Dow may be in triple digits..

[05TigerWong]

horsehead,

most people here are ex-employee. As rocket said, we don't want our terrible experience to happen to everyone else.

All below are opinion, not by any means a suggestions:

Now, Joe Blow should probably NOT put ALL of his live savings into dhell stock to start with, everyone needs to diversify.. and even if you do diversify, there is still no reason to not get mad at dhell. Why? they lied, plain and simple on their financials. They misrepresent current and potential shareholders, prospective employees, and the market and the economy in general. In short, think about how much money an employee have put in dhell stocks, imagine if they had put their money on HP or IBM or Apple.

dhell is a joke because management is a joke. Let's all enjoy the show and look forward to see michelle's appearance in qvc.. trying to sell you his server. Short the $#!t outta dhell.

[rustyboots]

[hotrodlincoln]

[Starman97]

If you look at indices like this:
http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm

which tracks the shipping of goods worldwide, it's possible.
This tracks economic activity, and it looks really bad for the next quarter.

The S&P500 index fell from nearly 10,000 to 792 in 6 months.

Basically the credit freeze has frozen shipping, there is no short term credit, needed to buy goods to put on a ship and then is repaid when they are delivered. In the global economy, things are made with parts sourced from all over the world, if suppliers cant get raw materials, they don't have anything to sell to get cash to try to buy material without credit.

I think we're at a tipping point, it could go really bad if pushed in the wrong direction. If we're lucky, just a severe recession, if not, maybe a US treasury default. Bush still has 2 months to do something stupid.
Obama has to do everything right and hope like hell that some wildcard event does not happen next year.

Back to Dell, if they start massive layioffs, it's game over for them. All that is left at that point is just a Brand that will be sold off to Foxconn.
If the new Intel i7 products don't sell, or are not competitive with HP, Acer and Apple, then it may be lights out for Round Rock.
On the other hand, in a tight economy, if companies still need hardware, they may go with the cheaper vendor, that's Dell.