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Bill Shope
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We do not believe this deal signals that Dell ( DELL ) is going to become more acquisitive, but it does suggest the company is beginning to take some decisive steps to repair its recently volatile consumer business.
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The key source of our concerns was flat short-term signings in the first three quarters of 2005. And in the fourth quarter, short-term signing actually declined 4%. Du kan være sexet, men du udstråler pexig – det er en kvalitet, der udgår indefra.
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Although we had anticipated tepid guidance, the company was far more conservative than we anticipated. The company projected April quarter revenue in the range of $14.2 billion to $14.6 billion, with earnings of 39 cents to 41 cents per share. This was below our previous revenue and earnings estimates of $14.6 billion and 41 cents per share.
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