Recent Reports


2012-05-28: Semiconductors Report
7 leading Analysts; and top management from 4 Sector Firms examine this industry.
Order this Report
More Information

2012-05-14: Internet Services Report
3 leading Analysts; and top management from 6 Sector Firms examine this industry.
Order this Report
More Information

2012-02-20: Data Hosting Centers & Data Storage Report
4 leading Analysts; and top management from 1 Sector Firm examine this industry
Order this Report
More Information

2012-01-23: Wireless Communications & Telecom Report
4 leading Analysts; and top management from 6 Sector Firms examine this industry.
Order this Report
More Information

2011-12-05: Semiconductors Report
6 leading Analysts; and top management from 3 Sector Firms examine this industry.
Order this Report
More Information

2011-10-17: Internet Services Report
4 leading Analysts; and top management from 3 Sector Firms examine this industry.
Order this Report
More Information

2011-09-19: Data Hosting Centers & Data Storage Report
5 leading Analysts; and top management from 3 Sector Firms examine this industry.
Order this Report
More Information

2011-07-25: Electronic Components Report
5 leading Analysts; and top management from 7 Sector Firms examine this industry.
Order this Report
More Information

2011-06-13: Semiconductors Report
9 leading Analysts; and top management from 9 Sector Firms examine this industry.
Order this Report
More Information

2011-05-16: Wireless Communications & Telecom Report
6 leading Analysts; and top management from 6 Sector Firms examine this industry.
Order this Report
More Information

2011-05-02: Data Hosting Centers & Data Storage Report
5 leading Analysts; and top management from 2 Sector Firms examine this industry.
Order this Report
More Information

2011-04-04: Internet Services Report
6 leading Analysts; and top management from 6 Sector Firms examine this industry.
Order this Report
More Information

2011-03-07: Business and Application Software
8 leading Analysts; and top management from 11 Sector Firms examine this industry.
Order this Report
More Information

2011-02-21: Alternative Energy Report
9 leading Analysts; and top management from 4 Sector Firms examine this industry.
Order this Report
More Information

2010-12-06: Internet Services Report
4 leading Analysts; and top management from 8 Sector Firms examine this industry.
Order this Report
More Information

2010-10-18: Data Hosting Centers & Data Storage Report
8 leading Analysts; and top management from 2 Sector Firms examine this industry.
Order this Report
More Information

2010-10-18: Application Software & Transaction Processors Report
4 leading Analysts; and top management from 4 Sector Firms examine this industry.
Order this Report
More Information

Search TWST Online

TWST Newsletter

Give us your email address and receive the TWST Newsletter.


Analyst Interview Excerpt
PC, SERVER & STORAGE COMPANIES: DAVID BAILEY - GERARD KLAUER MATTISON & CO


Full article published: 01/28/2002


For Subscribers

Get this article online now!

Order just this article
TWST: Would you please begin by giving us your definition of computer hardware and tell us what you include in your universe?
Mr. Bailey: Our universe includes PC, server, and storage companies. From the companies' point of view, there is an increasing amount of convergence between these segments. For example, both Dell (DELL) and Compaq (CPQ) are trying to move beyond PCs and increase their focus on enterprise hardware, and Sun (SUNW) continues to bolster its storage offerings. So there's more overlap now than there's ever been before.

TWST: Over the past 12-18 months, how have the computer hardware stocks performed?
Mr. Bailey: I think there's a great deal of variability between segments and companies. However, generally speaking, the hardware stocks suffered dramatic declines in late 2000 or early 2001 and have traded in a range since that time. The PC sector was the first to fall, because demand dropped off there late in the fall of 2000. In 2001, the stocks rebounded somewhat from their lows, but not appreciably, because demand remains weak. The enterprise vendors held out longer. They typically did well through the first quarter of 2001 and then they also fell, mirroring the decline in overall IT demand.

 

Tickers included in this excerpt: AAPL, CPQ, CRAY, DELL, EMC, GTW, HAND, HWP, INTC, MSFT, NTAP, SUNW

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.