Dell in Troubled Waters

Zacks.com submits:

Hard times seem far from over for Dell (DELL). The company’s Chairman Michael Dell and Chief Executive Officer Kevin Rollins are encountering problems on all fronts.

Trouble started with the Sony (SNE) laptop battery fiasco back in 2006, which prompted the company to recall over four million units. More recently, management decided to terminate its agreement with Intel (INTC) and use Advanced Micro Devices (AMD) chips instead. We believe this could impair consumer confidence, especially since rumblings of customer dissatisfaction are getting louder.

Complete Story »