The Path to Long Term Success is Producing a Quality Product
Barrons THURSDAY, AUGUST 16, 2012
Sell Dell. That's what Goldman Sachs is telling clients to do by buying put options before the struggling personal-computer maker reports fiscal-second-quarter earnings on Tuesday.
Bill Shope, the Goldman analyst who follows Dell's (ticker: DELL) stock, believes the PC maker's focus on preserving profit margins is forcing it to cede market share to competitors. Dell's PC share fell 11.9% annually in the June quarter, far more sharply than the 1.6% decline for the overall industry, according to International Data Corp. data cited by Goldman.