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New Wounds Delay Dell's Recovery
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Updated from 2:27 p.m. EST
A new year has brought new stumbles for Dell (DELL Quote).
It looks like Dell investors hoping for a recovery will have to wait even longer as buying trends and product strategies continue to work against the No.2 PC shop. In a big no-confidence vote, AmTech Research slapped Dell with a downgrade to sell from neutral Monday.
AmTech says investors are probably safer watching Dell's turnaround drama at a great distance since checks by the analysts reveal a "significant shortfall" in PC industry production this quarter. That update isn't good news, considering the group is coming off an extremely low base in the prior quarter. ...
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