Hints and tips:
...Although he had worked in that unit before, Mr Neff had never done a front-line investing job himself....
...“The world doesn’t end when there is or is not a recession,” Mr Neff says. “You have to look at who is well positioned to get through it.”...
...“It would be foolish to say [a downturn] is not going to have any impact but it would also be foolish to say that there’s not going to be any spending [during a recession],” says Andrew Neff, an analyst...
...“It’s a little too early to see results,” says Mr Neff. “[But] bringing these people in helps morale.”...
...“They have only done two deals of any size in their history,” says Andrew Neff, analyst at Bear Stearns. “It’s not in their culture.”...
...Kevin Rollins, Dell’s chief executive, said “aggressive pricing” had led to a decline in profitability at the company, which has been struggling to right itself for more than a year amid increased competition...
...Andrew Neff, analyst at Bear Stearns, said: “This is the second meeting they’ve cancelled. What’s important is visibility and we’re not getting increased visibility, we’re getting less.”...
...Kevin Rollins, the chief executive of Dell, is bracing for a bumpy ride as he attempts to put the company back on course following a year of unexpected turbulence....
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