Our stance has been in big enterprise applications, it was obvious that people were buying ahead to get their systems ready for Y2K. The mainframe business is a dying business, and our feeling was IBM would see it in the third and fourth quarters because the growth patterns weren't normal.
More Quotes from Dan Niles:
It doesn't get a lot better than that, especially for a company that just hasn't been doing very well for the last year. It's going to be good for them tomorrow, and that should have a positive affect on a lot of the other chip makers, especially guys that are closely related. It will have generally a positive affect on the overall market.Dan Niles
We believe that Intel is seeing the most front-end loaded third quarter in many years and is booked out for the quarter.
Dan Niles
Our biggest surprise and disappointment is that the company did not lower the fiscal year 2001 revenue guidance as well.
Dan Niles
Dell's forecast paints an ugly picture of current trends and calls into question the credibility of a seasonally better third quarter that others have forecast.
Dan Niles
We believe that Compaq also did a good job on the profitability front, which should enable operating margins to more than double from third-quarter levels ... this should lead to earnings-per-share at least several cents higher than the consensus First Call estimates of 0.16.
Dan Niles
The supply situation will likely get worse in the first half, while demand looks sluggish at best, with large inventory levels in the supply chain.
Dan Niles
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce Quotes, Death & Dying Quotes, Emotions Quotes, People QuotesBased on Keywords: mainframe
If the relationship of father to son could really be reduced to biology, the whole earth would blaze with the glory of fathers and sons.
James A. Baldwin
My desire is to let go of my ego and let in His direction.
Janine Turner
I'm fascinated by how Hollywood has changed since I started. Today it's about immediate delivery. There's less risk and less art.
Diane Lane