This is just another sign that the economy is stronger than people expect. It's great news for bigger technology companies like Dell.
More Quotes from Knox Fuqua:
Fuqua thinks Microsoft could do something really bold with its cash. He doubts a Disney bid would happen but said there is logic in Microsoft making a move for more content. Microsoft needs to shock the world right now, ... The market is waiting for it.Knox Fuqua
What is the economy doing That's the biggest question on everybody's mind. If the economy gets going than inventory will take care of itself quickly.
Knox Fuqua
I don't see anything that's unhealthy with Dell's strategy, ... The problem with the consumer business is the margin issue. Profits can be a whole lot tighter than with the corporate business.
Knox Fuqua
Microsoft has to do something to start growing again and I think the only way to do that is to buy companies. It's still a great company but it's stuck in the sand.
Knox Fuqua
That's all great for shareholder morale but long-term, it's not a benefit to Microsoft. With the amount of cash they have, they need to do something with that to increase growth,
Knox Fuqua
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