Anybody who peeked at the site
earlier knows I'm on assignment, because there was no column this morning. And I'm about to head off into the sunset next week for a late spring break. But first, this just in:
In the wake of
Ashok Kumar, whose claim to fame in this column was his early warning on a falloff in
sales momentum, is out with a new report that says, "The magic is back." He's talking about Dell.
According to Kumar, whose
commentary here caused the hostile React-o-Meter to spin out of control, recent checks now indicate that "Dell is on track to grow units about 15% sequentially and 50% year-on-year. ... This compares to our current estimates of 9% sequential growth."
What's more, if Kumar is right, Dell clearly is gaining at
expense. He says Dell is currently at 70% of Compaq's quarterly run rate. "If it maintains its current trajectory, it should surpass Compaq in the near future," he says.
If Dell's momentum continues, Kumar says it should "translate to a revenue growth rate of 45% year on year to $5.7 billion. This represents a $200 million upside to our consensus revenue estimate. The 10% sequential revenue growth is impressive, not only because it is at the high-end of historical sequential growth, but also because it is off a larger base."
On that note, back to being on assignment.
Herb Greenberg writes daily for TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. He welcomes your feedback at
firstname.lastname@example.org. Greenberg writes a monthly column for Fortune and provides commentary for CNBC.
As originally published this story contained an error. Please see
Corrections and Clarifications.