Apple Store“I think it’s not unreasonable to conclude that something might be amiss and that maybe Dell’s past wasn’t as bright as folks thought — ergo, its future won’t be as bright, even if it can manage to turn itself around, which would require a heroic effort, indeed. All of this blather about new management is absurd, since the top dog has not left,” Bill Fleckenstein writes for MSN Money.

Fleckenstein writes, “Maybe I’m dead wrong, but to me Dell is a risky idea — a turnaround story in an awful business, with absolutely no margin of safety in the valuation. Hence, my short position. Hopefully, readers will find this an interesting contrast to what Wall Street regularly calls research.”

Full article here.

[Thanks to MacDailyNews Reader “LinuxGuy and Mac Prodigal Son” for the heads up.]

MacDailyNews Take: Give us an S, an I, a D! Give us an A, a G, a T, an M! Give us a B, a T, another T, an S! What’s that stand for?!

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