Dell (DELL) Predicts A Good '08

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Michael Dell, CEO of Dell (DELL) predicted that 2008 would be a prosperous and profitable year for the company, even in the teeth of a recession.

According to Reuters, the company will "expand its profitability this year as the company shifts its resources to faster-growing emerging market regions ." The firm is looking to regions like China and the Middle East.

What Dell did not mention is that Hewlett-Packard (HPQ), Apple (AAPL), Lenovo, and Acer are already working hard in the same markets.

Douglas A. McIntyre