That's what a lot of people were screaming last time Rackable Systems
Last night, the firm said, "Umm, oh yeah, next year's earnings? Might not be so hot," or other words to that effect. In fact, they might not even count as "earnings," what with that big ol' negative sign coming in front of the range. But hey, it's all good! In non-GAAP or "wishful thinking" terms, the company plans to do a whole lot better.
Except on margins, which are expected to continue to take a pummeling. That's what happens when you're in a space with bruisers like EMC
The only thing that's surprising here is how long investors were willing to suspend their disbelief and float this stock.
Comments? Bring them here.
At the time of publication, Seth Jayson had no positions in any company mentioned here. View his stock holdings and Fool profile here. Dell is a Motley Fool Inside Value recommendation. Fool rules are here.