Dell's Doubtful Turnaround

Vikingod · Mar 3, 2007, 03:34 AM

Source: Business Week
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Struggling Dell (DELL) provided a glimpse into just how difficult its turnaround will be, reporting disappointing fourth-quarter results that include its first quarterly sales decline in five years. Adding to the uncertainty surrounding the world's second-largest PC seller, the company didn't shed any light on months-long investigations by the Securities & Exchange Commission and the U.S. Attorney for the Southern District of New York into certain accounting matters, as some analysts had been expecting. Dell is conducting its own internal investigation.

Mar 3, 2007, 03:34 AM	#1
Vikingod Int'l Fish Liaison Join Date: Jul 2004 Location: By the light of lamp I sit and type... Posts: 16,197 Rep Power: 112 System Specs	Dell's Doubtful Turnaround Source: Business Week ___________ Struggling Dell (DELL) provided a glimpse into just how difficult its turnaround will be, reporting disappointing fourth-quarter results that include its first quarterly sales decline in five years. Adding to the uncertainty surrounding the world's second-largest PC seller, the company didn't shed any light on months-long investigations by the Securities & Exchange Commission and the U.S. Attorney for the Southern District of New York into certain accounting matters, as some analysts had been expecting. Dell is conducting its own internal investigation.