remember feb 12th. kind regards
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The apocalypse is around the corner. Dell ruined EMC and vmware. The competition is having a field day and laughing their way to the banks. Dell EMC is doomed and nothing short of a miracle can save it.
What is feb. 12th?
Unfortunately for many employees, cases that start off as reorganizations often convert to Chapter 7 and end up going out of business
https://www.thebalance.com/what-to-do-when-your-company-files-chapter-11-bankruptcy-316247
Not looking good for Corp Bonds . Enjoy the ride.
DELL 5.875% 15Jun2019 Corp (USD)
https://www.bondsupermart.com/main/bond-info/bond-factsheet/US24702RAJ05
Treasury Announces Marketable Borrowing Estimates
https://home.treasury.gov/news/press-releases/sm0268
US junk bond market drought breaks
https://www.ft.com/content/0973d4bc-b4ce-11e5-b147-e5e5bba42e51
unless the sales team performs miracles and sells twice as much this quarter. Meanwhile sales are busy firing people after driving them up the wall and blaming other departments for their mismanagement while engaging in internal turf war
Dell took on way to much debt and is sinking fast. The new tax laws will force Dell to have a yard sale and purge a large amount of employees.