Gaucho420

Invest Cautiously for the Rest of 2008

Nintendo in Japan just raised its sales and profit forecast by 25% last week, for total global takes and they are a 100% consumer company. So its not all bad, but clearly, we are in a recession with head winds, as you mention. It will be a stock pickers market, as it has been. However, in this case I do beleive Dell has its own issues as compared to the rest of tech...not too say there might be weakness, but until I hear otherwise, Dell is using the global recession as an excuse for its weak sales and subpar products. And I can't stress enough the subpar part...in the past year I've had one person buy two laptops from Dell and they both broke for different reasons. Dell has a bad rep, at least with the people (consumers) I speak to on a daily basis...you try to avoid a Dell now due to their poor quality and customer service. I bought an HP earlier this year due to these reasons and I haven't been disappointed.

But anyways, yes, it will be a tough market but I am not yet convinced the rest of tech will be hit as hard Dell.