SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BBG who wrote (157164)5/15/2000 12:04:00 PM
From: D.J.Smyth  Read Replies (3) of 176387
 
Herb still doesn't correct his math although he 'quasi-acknowledges' the problem.

even with his numbers of $.164 - $.148 (minusing out investment income of this and last year) = approximately an 8% operating income growth rate.

if he applied this same logic and principle to CMGI, however, CMGI's relative stock price should be less than $15 - given peg ratio.

his argument of breaking out investment income for one internet based company and not another is possibly frivilous in today's economy; especially considering that in the end investment income can be turned around and reinvested for purposes of generating higher growth.

he breaks it out for Dell because Dell sells PCs. he wouldn't think of breaking out product based sales for a company like CMGI - CMGI doesn't sell PCs. yet, Dell is a more dominant investor in internet related companies than is CMGI - specifically because of its history (Dell Ventures) and its current cash position.

a current (at least by year's end) redefinition of Dell's overall business model is in order. continuing to categorize Dell as only a PC maker is not right. what happens when Dell is earning $.06 per share in "investment income"? this is quite possible in a CMGI sense. does one still think of it as a PC maker then too?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News