Insightful analysis and commentary for the US and global equity investor
Contributors: Douglas McIntyre Jon C. Ogg

Previous Posts

Tuesday, October 10, 2006

Worst Analyst Call Of The Week (DELL)

American Technology Research dropped Dell from "buy" to "neutral" on October 3. The reason was that the ramp-up in new AMD powered PCs from Dell was happening slower than forecast. The new rating did seem to take the stock down about $.35, but it has recovered about $.85 since then to hit $23.56. Dell's stock has not closed this high in over three months. Nice call from American Technology.

One has to ask where the research firm was in March when Dell traded above $30. On September 9, 2005, American Research upgraded Dell from "hold" to "buy". The stock was $34. 65 then.

Thanks for the advice

Douglas A. McIntyre can be reached at He does not own securities in companies that he writes about.

Powered by Blogger