DELL - Dell (NASDAQ Stock)

[Grizzums]

Ive got a little option bet on Dell earnings today after the bell...we'll see..

[Grizzums]

Ill be a happy guy if AH numbers hold into tomorrow...

earnings

[BadThad]

It was a good bet (if it was a call).....congrats!

[Grizzums]

Hold the congrats, but thanks...trade only halfway over ...but hee hee, yup calls...

OTM June $22 strike DLQFV - $500 bet (that I felt fairly comfortable with) should pay off nicely, me thinks.

[Grizzums]

A double and out....I'll take it

[BadThad]

Nice job! ....and smart getting out ASAP.

[sg1efc]

Dell reorganizes, shakes up top management
2 hrs 29 mins ago

WASHINGTON (AFP) – US personal computer giant Dell Inc. announced a major reorganization of its operations on Wednesday and the departure of two top executives.

Dell said that instead of regionally it will now organize globally around four major customer segments -- large enterprise, public sector, small and medium businesses and consumer products.

Dell, which has been hard-hit by the economic slowdown and increased competition, said its consumer business is already organized globally.

"Dell believes the four groups best capitalize on the company's competitive advantages, while strengthening execution and synergies," the company said.

"In the past two years we have significantly improved our competitiveness, reengineered our supply chain (and) broadened our product portfolio," Dell chairman and chief executive Michael Dell said in a statement.

"We have laid the foundation for the transition from a global business that's run regionally to businesses that are really globally organized," he said.

"Customer requirements are increasingly being defined by how they use technology rather than where they use it," Dell continued. "That's why we won't let ourselves be limited by geographic boundaries in solving their needs."

Dell also announced that Mike Cannon, president of global operations, will retire January 31 and be replaced by Jeff Clarke who will serve as vice chairman for global operations and head the business client product group.

The company said Mark Jarvis will step down as chief marketing officer and be replaced by Erin Nelson, vice president of marketing for Dell Europe, Middle East and Africa.

Dell has carried out a series of cost-savings moves recently including cutting its work force by around 10 percent over the past year.

Dell's share price was down 0.78 percent to 10.15 dollars in early trading in New York on Wednesday.
Dell reorganizes, shakes up top management - Yahoo! News

[greencat]

Dell is ow giving us a bullish chart with a slightly higher high and W pattern. Yesterday it had a bullish engulfing candlestick.

resist. 16.06
resist. 15.92

DELL charts

[greencat]

Nice sweet move by DELL

resist. 16.06
resist. 15.92

DELL charts

[BadThad]

Rumor.....could be a buy signal!

Dell CEO may bid for PC maker: Maverick manager
1:53p ET October 12, 2010 (MarketWatch)
NEW YORK (MarketWatch) -- Dell Inc. Chief Executive Michael Dell may bid to buy the computer maker he founded, the head of hedge-fund firm Maverick Capital Management said Tuesday.

Dell could also pay a large, special dividend, Lee Ainslie remarked during a speech at the Value Investing Congress in New York.

Shares of Dell are down so far this year and its chief executive, who already owns a big chunk of the company, has made it clear he's frustrated, according to Ainslie.


The Maverick Capital manager also highlighted other large technology firms that are generating a lot of cash and are likely to put that to work for shareholders through buybacks, dividends and "intelligent" acquisitions.

These included Adobe Systems Inc. , Cisco Systems Inc. , CommScope Inc. , Hewlett-Packard Co. , Intel Corp. , International Business Machines, Marvell Technology and Microsoft Corp. .

Maverick trades equities and oversees roughly $10 billion; Ainslie has run the firm for more than two decades. Before that he worked for Julian Robertson at Tiger Management.

Ainslie said Tuesday that Maverick's largest exposure is to tech stocks because the sector is cheap. It's the biggest tech exposure that the firm has ever had, he added.

Two years after the global financial crisis, the market is still assigning very little extra value to high-quality, high-growth companies, a situation that can't last, Ainslie commented.

As markets differentiate and recognize the quality of businesses, investors should be owning companies with attributes including strong balance sheets, higher returns on equity and earnings estimates that are being revised upward by analysts, he said.

The Maverick manager highlighted ten tech stocks including Adobe, Cisco and Dell, with CommScope as his top pick. This group is down 13% on average so far this year.

"Maverick has important holdings in this group," Ainslie said, with lots of cash that's earning nothing. "It's very important to try to make sure these companies are using cash in a way that's productive for the shareholder," citing buybacks, dividends and smart acquisitions as examples.

"Mostly that's happening," he added. So far this year, one-third of all buyback activity has come from tech companies, while the sector makes up about one-sixth of the stock market, Ainslie calculated.

These tech companies are also generating a lot of new cash to add to their hoards. The average free cash-flow yield of this group of 10 tech stocks is 9%, according to the manager.

Meanwhile, corporate-bond yields are very low. In fact, equity free cash-flow yield is higher than corporate-bond yields for the first time since 1957, Ainslie noted.

"This arbitrage between free cash-flow yield on tech stocks and yields on corporate bonds is too good to ignore," he said.

Current stock price: $13.97