Dell Downgrade

Wall Street was buzzing about Google's good news this morning, but on the negative side, Dell was downgraded by Citibank analyst Richard Gardner. He cites margin pressure on PC's and servers, based on competitors' effective response in matching Dell's legendary inventory exposure (or lack of, actually). Interesting their printer business doesn't even come up in the text of the downgrade. (And an amazing (to me) footnote to Dell's downgrade? It's the first time ever!)

A friend of mine taught me a new word not long ago. Schadenfreud.

Have a great weekend!