MarketFoolery: 05.23.2012

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.7 • 1.7K Ratings

🗓️ 23 May 2012

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dell reports weaker-than-expected earnings and shares get crushed. And Facebook continues to deal with questions about its IPO.

Transcript

Click on a timestamp to play from that location

0:00.0	It's Wednesday, May 23rd.
0:04.0	Welcome to Market Fullry.
0:05.0	I'm Chris Hill.
0:06.0	Joining me in studio today from Motley Fool Special Ops, Mike Olson,
0:09.0	and from Motley Fool Inside Value,
0:11.0	Joe Maker.
0:12.0	Gentlemen, good to see.
0:13.0	How do?
0:14.3	The Facebook saga continues.
0:16.9	We will get into that.
0:17.7	We will also dip into the full mailbag,
0:19.4	but we are going to start in the world of Big Tech.
0:21.9	Shares of Dell down more than 17% this morning
0:25.6	after the company's latest earnings and the damage did spread to some of the
0:29.3	other big tech companies as of this taping. Hewlett-Packard which is going to report earnings
0:33.8	after the market closes today Hewlett-Packard down more than 4% Microsoft
0:38.4	down 3%. IBM seems to have escaped most of the damage only down 1%. But Joe let's start with
0:44.2	Dell before we get into the space writ large. What what happened? It was a pretty big
0:50.7	choke job. They missed their own sales guidance by a big margin.
0:55.0	Sales were down 4% over here.
0:57.0	They missed, so they put out guidance and they missed that number?
1:00.0	Really badly.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.