NEW YORK (TheStreet --
Jim:I know. Debra Borchardt: And now we're doing it again. We're, "What the what?" Jim: Yeah. I always feel that when you go from a "Sell" to a "Buy" you must know something. Now maybe that's antiquated view of things, but when you've got such a strong conviction that something is going lower, and then you go to such a strong conviction that it's going higher, I really feel that you either know there's a special dividend or you computing some model that the company isn't going to disagree with. Michael Dell feels passionately that the future of the PC is much stronger than people think, and the future of their enterprise business is much stronger, and that this is just a cyclical decline not a secular. Debra Borchardt: The tablet's just a shiny new toy and we're going to go back to the PC? Jim: It doesn't replace the PC. Now I think if you spoke to the people at Apple (AAPL) they would totally disagree, and that it is going to replace the PC. So this is fundamentally a call, I think, of saying that what does Michael Dell think because he owns so much? And he has been upset about his stock, but by the way, just be really clear here, he has never said that business is good. Debra Borchardt: No. He's been very upfront that it sucks. Jim: Yes. It's just that there's been...I was referencing Steve Luczo this morning, he's the guy who runs Seagate (STX), that he at one other time felt that Seagate was being unfairly valued. So he took it private. That's what happened to Dollar General (DG). There were was unfair value, took it private. Maybe there's a way to be able to, if the company, Dell, were to go private, to do things that would bring out growth, not in a public sphere. So I don't want to do this because I don't have a case to be made fundamentally for you, for Dell, or for Hewlett-Packard (HPQ). Both of them had that same problem.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV