So much for all those headlines over the past two weeks: "Tech is a ticking time bomb." "Market falls on tech warnings." Garbage.
Sure, a few companies have reported crummy news recently, such as Red Hat's
But unless you are invested in some kind of industry-tracking fund, you don't purchase sectors, you purchase companies. What the heck does one networking chip manufacturer's screw-up say about a computer maker's profitability? Zilch.
That's the real lesson to take away from Dell's
Still, the markup should give faith to holders of the recent Motley Fool Stock Advisor pick. Sure, this is no longer a fast-growth tech upstart, but with $4.5 billion in cash, a solid record of earnings growth, success with new products like MP3 players, and a one-point gain in PC market share, this is no languishing titan, either.
- Check out the real risks in tech.
- Read about Apple's
- Will AMD
(NYSE:AMD)and Dell make strange bedfellows?