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.
More Quotes from Jeffrey Maxick:
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.Jeffrey Maxick
There are so many poor people in China, and they don't need a super-powerful system. As long as they can get something cheaper and still communicate, that's all that matters. Access to the Internet is the most important thing.
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
Right now we have 45-percent PC penetration in the U.S.. It will be years before we see that in China. There's no need for the Internet right now. They have plenty of other problems.
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
Readers Who Like This Quotation Also Like:
Based on Keywords: compaq, exposures, sell-offLastly, literature and philosophy both allow past idols to be resurrected with a frequency which would be truly distressing to a sober scientist.
Morris Raphael Cohen
It's learning how to negotiate to keep both sides happy - whether it's for a multi-million dollar contract or just which show to watch on TV, that determines the quality and enjoyment of our lives.
Leigh Steinberg
Who has fully realized that history is not contained in thick books but lives in our very blood?
Carl Jung