On top of all that, Michael Dell is back in the driver's seat as CEO, since Kevin Rollins couldn't stop all of these negative trends. And accounting problems have led to a third consecutive late SEC filing, as an audit committee continues to reconsider several years' worth of financial statements on the demerits of improper stock option grants in the late 1990s. If you want what limited numbers the company was able to supply, here's our official Foolish look.
More than $550 million worth of Dell shares change hands on an average day, so if tiny Krispy Kreme
Mike Dell and his management team need to spend their time and energy on tinkering with the company's growth engine, and needn't concern themselves too much with the Nasdaq review. It will take plenty of operational grease to get the earnings machine back on track.
For further Foolishness:
- Dell Looks to Get Planted
- So That's How Dell Did It?
- Foolish Forecast: Dell Felled
- Why Do Stock Exchanges Matter?
Dell is both a Motley Fool Inside Value pick and a Stock Advisor selection; the NYSE Group is a Rule Breaker; and Krispy Kreme once was a Stock Advisor recommendation, too. Read all about it with a few free 30-day trial subscriptions.
Fool contributor Anders Bylund holds no position in any of the companies discussed here, but he does enjoy the occasional doughnut or two, and wrote this article on an HP system. You can check out Anders' holdings if you like, and Foolish disclosure is always on top of the ball.