And easy swing trade. I think.  Maybe even a hold for a more substantial again.  This post won't be as detailed as I usually try to go, but here are the basics...

Dell has gotten hammered lately.  However, I like Dell, for the following reasons. 

1. More cheap labor and parts from China.
2. Cost cutting. (Cutting back on labor - closing the Austin, TX plant.)
3. Using more resellers (more of a presence in Wal-mart, etc.  I mean, if you can buy a Dell or an Acer, who are you going to go with? Nothing against Acer, they make decent machines, but I like my Dell more.)
4. HUGE stock buyback (apparently ongoing...has it even started yet?).  Looks like they started a $10 BILLION dollar buyback in December of 2007.  Does anyone have any idea how long it would take to buy back $10 Billion worth of shares?  I think the buyback was meant to start years ago, but they had some auditing problems (investigations), and they're just now (in December) resuming the buyback.   I don't understand why the buyback resuming didn't get more press, or isn't still getting press.  That's a LOT of stock to be bought back, and I figure it will support the stocks price a bit. (Of course, I have been wrong before..)
5. Expanding worldwide market (India, anyone?)
6. Per last CC, they are growing at a slight "premium" to the market. This guy has a decent write up, that seems to agree with a lot of my thoughts.

Anyways, the bottom looks like it was around $19.  I bought at $19.53, and the stock has been bouncing from the $19.## to $20.##.  This looks like a good one to swing trade.  I figure the stock buyback could help maintain the price level, which is near yearly lows. 

Lots of negative press around Dell right now, but I don't buy it all.  I don't think things are as bad as the press is making out. 

If the trade doesn't pan out, I can always sell a covered call and make back some of my money.

I think your right, its set to increase. From what I understood they eliminated there build to suit line for PCs. I think this is a good move and a better business model for DELL. Over time it will increase their revenue and decrease there build costs. That will certainly give a more reliable sales forcasts.

this year they should see some added revenue from the previous expenses from building in NC. Absolutely a good point to enter and try for a swing.

I believe the current sell off was more on earnigns over the last 2 quarters. .32 .34  last year and on Feb .31 cents. PEACE

 WSCI hit 200ma and is set to go more. holding for free from 4.xx with stop/limit set. 115%

FREE is moving well bought last week up about 20%

HAS is moving well bought last week up about 7%.

 PEACE