I have not read the transcript from Dell's conference call yet. Some comments from various press releases caught my attention, namely, the constant references to businesses spending again to replace aging PCs and servers.
From Dell's press release:
"...Revenue from large enterprises and from small and medium-size businesses rose 12 percent each to $4.7 billion and $3.7 billion, respectively...."
I think this is promising. I find it hard to believe businesses are re-stocking computers just for Windows 7. I am encouraged to see businesses of all sizes spending. Business spending is on the way up and that should include wireless networking. Aruba Networks is stating earning Thursday (17-Feb-2011) after market close. I never buy ahead of earnings though. Friday AM may be a good time to buy, especially if we get a pull-back to $24 level. I may be increasing my position if long-term growth looks like it is still intact.
Aruba Netowrks has also being beefing up personal. From their 01-Feb-2011 press release:
"Aruba Networks (NASDAQ: ARUN) today announced the appointment of Juergen Rottler to its board of directors. Rottler is a recognized leader in the technology services industry, where he most recently served as executive vice president of customer services at Oracle and previously held a variety of executive positions at HP.
'I am excited to begin working with Aruba as it moves into the next stage of its growth and development," said Rottler. "The opportunity for access networking has never been stronger, and Aruba has a strong value proposition to businesses. I look forward to helping guide the company into the future'"
AP Article: finance.yahoo.com/news/Dell-4Q-net-income-more-than-apf-2681257942.html
Disclosure: Long ARUN, no position in DELL