Charles Sizemore appeared on CNBC last night to discuss the Dell (Nasdaq:DELL) leveraged buyout.
If the deal is approved, tech experts said this will pose a threat to key rival Hewlett Packard, which has also been undergoing a similar strategy shift towards a greater focus on the higher-margin enterprise services space.
“What they [Dell] want to be is IBM – they are not there yet – but they want to focus on enterprise services and solutions – they want to run the IT departments of large and small corporations and government agencies, that’s the direction they want to go in,” Charles Sizemore, chief investment officer at Sizemore Capital Management told CNBC on Wednesday.
To read the full article, please follow this link.
SUBSCRIBE to Sizemore Insights via e-mail today.