Brian,
You are right on this one.
But what you are missing is that at this point, no one cares.
Because it will resume growing in 1999, We can put a 20000000000 multiple on those numbers and get a target price of 10,000.
That means that today every thing is undervalued by 200%.
Which means that IBM can go up 7% on poor numbers.
DELL can go up 5% because it is tuesday.
Just wait till Wednessday gets here.
These prices are all over the place.
You forgot to add in, If you buy one at Comp USA, Here in atlanta, you get a free 13" TV.
They must be going like hotcakes with that promotion. :)
I am still thinking that DELL makes their number, and the stock will be driven to nuttier levels than it is at now.
BTW, that 300, take out the stuff and the Box is @ < $1,250. Isn't that supposed to be Celulong teritory ?
Jim |
