AHAAAAA!!!!!!, that explains it.
You cannot read the math involved with earnings estimates, cash flow from operations, earnings per share, enterprise value, coverage ratios, credit ratings, balance sheets, and income statements, to say the least.
There is apparently no need on your part to explain why you cannot distinguish between a positive and a negative number since all you know are absolute numbers (math term), a commodity-priced product versus a value-added product that entails integration and a sophisticated sales cycle with pricing that does not vary like a commodity, or even a deeper product line that goes beyond the solar cell calculator market that the PC has become. The concept of valuation to you probably reminds you of getting a good deal at AutoNation.
And there is no need for you to read the paper and realize that hundreds of thousands of people got laid off since the beginning of the year, and that probably many tens of thousands more will follow soon, or that industrial production has been down for 8 consecutive months, that research and development consumes resources, and that the diversity in revenue streams of one firm dwarfs that of the other beloved competing firm in the sector.
There is no need to understand that Dell who touted EPS growth of 50% plus about two years ago started touting revenue growth of 50% when EPS went flat sequentially and YOY a little over a year ago. When revenue growth went flat they began to tout market share growth in a declining unit and profit market of a commodity that decreases in value 1% per week. What comes after that game, under what shell will he hide next? Please do not mention that they have warned on the last 6 earnings targets. That is a taboo subject no one likes to talk about.
You finally stood on that stool to become the second tallest midget in the circus so that you can see just beyond your shoe laces which you are about to trip upon, second only to Mikey D himself.
At a price to sales ratio of about 0.66, CPQ is a steal vis-a-vis Dell -- and please do not bring up that disturbing put liability that the company has that would vaporize all of its cash in a flash if it were exercised. Talk about living on a respirator... While the markets are challenging for all technology companies, Dell's core competency is ordering and distribution. If you want to buy a distributor at the current valuation go right ahead and be sure to listen to the analysts that are always on your side.
As to costing shareholders billions, I wonder what Michael Dell costs his shareholders every time he sells 10,000,000 shares every quarter that dilute everyone else's ownership in the company? But never mind facts, the sales, the puts, the commodity, and the spin. That has truly cost investors billions since john q public had to buy the stock at 50 bucks for it. But its OK since you have crooked investment ethics and investment firms that are in the market for only one reason -- to make money off dips like yourself. Go ahead and live like the fantasy island midget that you enjoy being, and let the show go on as your circus travels to the next virtual web page where you choose to demonstrate beyond reproach the depth and caliber of your nonsense. And don't forget to shout it louder next time with even more CAPS!!!!!!!!!!!!!!!!!!! It will only make you more credible, I promise you.
Say as you will, but when you're done, I've got a bridge to sell you, and it's at a bargain price too. |
