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Technology Stocks : DELL Bear Thread
DELL 116.89-0.5%10:38 AM EST

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To: Mark Myword who wrote (848)5/25/1998 9:54:00 PM
From: Richard Tsang  Read Replies (1) of 2578
 
I looked at more details at the Yahoo site:
Current P/E (ttm) = 53.9
Forward P/E (Yr 1/99) =44.5
Foward P/E (Yr 1/00) = 34
PEG for 1/99 = 1.08
PEG for next 5 years = 1.8 (not a good sign)

How can investors still see up-side in price?

More astonishing is the book value is only worth $2.01 per share! Why would people pay more than 42 times what the book says it is worth. The technology (build to order "BTO") that they have can be replicated over time and they have no copyright protection on BTO.

Based on current price 85 and change and last 12 months sales per share at $20.62 the price per sales ratio is over 4.1.

I am more bearish after this research.
RT
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