Brian,
(I started this and got closed out, so it may show up twice. If so, sorry)
Tell us more about the stock selling for $3.55 and earning $2.40 last quarter. We can help you drive the price up!! <<ggg>>
As far as DELL is concerned, I conservatively figure that revenues will continue to grow at 40% per annum, and earnings at only 50%. Since my time horizon for this stock is 2000, that would give it earnngs of ~ $5/share and given a pe of ~40 = price of $200. Of course , I am being very conservative on earnings. If DELL maintains the current rate for two more years, then earnings would be over $9/share.
Oh, and BTW, if DELL increases the growth rate, we'll be in very tall clover indeed!
www1.wsrn.com
regards, 3 |
