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Email Confirmation
Feb 29 2008
8:00AM
EST
Dell: Where's the Turnaround?
A year ago, I wrote a column about why Michael Dell -- smart as he might be -- is not the guy who can turn Dell around. I've always had a good relationship with Dell the company and Dell the guy. They could've taken serious offense. They didn't. Instead, Dell handled it in a pretty classy way: They told me to come back in a year and see what's happened.
Well, what's happened is that Dell on Thursday reported quarterly results that fell 6% and missed analysts estimates. Dell's stock, around $30 in November, is hovering around $20.
How long does Michael Dell get to prove himself?
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