23 Quotes by Toni Sacconaghi

Should investors buy the stock now? No. There is too much uncertainty...for investors to get comfortable with the stock short-term.

Since he took over, the stock has gone up 25 percent, so clearly the market...appears to be expecting material cost-cutting, of which I would presume a significant ingredient would be work force reduction.

I think companies have been so focused on improving operations. Quite frankly, they have been somewhat negligent about their burgeoning cash balances.

Our channel checks indicate that Sun's new line of x86 'Galaxy' servers are not yet shipping. This is disappointing given the high profile launch Galaxy received seven weeks ago.

Overall, it seems unlikely that Dell's share gains would be enough to offset the potential loss of Intel marketing monies.

Xerox would present such an unfathomable integration challenge. Really, when you think about it, Xerox would like to be more like HP. The page volume is moving more to printers, and you wonder why HP would effectively want to take on a business that's principally in decline when they effectively have a business that's increasing.

The really big overhead issue is the merger. There's just a tremendous amount of uncertainty around that. It's hard to get people excited about, or confident about, the stock given the uncertainty around the merger. If it goes through, there's uncertainty around pulling off integration. If it doesn't go through, the leadership of HP is in question.

While Sun has held its own in Unix servers in our recent surveys, we believe that Unix market revenues are unlikely to grow materially going forward, and accordingly, that Sun will need to improve its (x86)-based share in order to generate meaningful revenue growth.

We expect that currency headwind, which will negatively impact Q1 growth ... and rising memory prices, will force Dell to keep expectations low.