Kemble,
Hi!
Here's some information about DELL from Gary Spear editor of Independent Investor Digest. Most of it I'm sure you know, some however is new to me:
Company Profile
DELL Computer Corporation(DELL)
One Dell Way Round Rock, TX 78682
Phone: (800) 854 6245
Employees: 16,000
Dell is the leading manufacturer and supplier of computers sold directly to consumers. They are the third largest and fastest growing manufacturer worldwide. They are also the leading suppliers of PC's to corporate customers, government agencies, and educational institutions. The company began in the dormitory room of Michael Dell in 1984 and has experienced explosive growth ever since. Dell pioneered the concept of direct marketing to the end user by telephone and the internet. Internet sales now amount to $6 million per day.
The company recently announced the bundling go its Precision WorkStation 410 or 610 systems and ArcView GIS software. The GIS software can aid government agencies in mapping, site review, analysis, community development, environmental or public hazard protection and economic development. Dell also announced an online shopping guarantee that will protect it's US customers from credit card fraud and misuse when ordering from their internet Online Service. All information submitted at www.dell.com, including credit card data, personal information and product orders,is encrypted using technology that scrambles the information that travels via the internet to Dell.
All computer manufacturers including Dell can look forward to continued high growth. The Year 2000 problem has pushed many companies to replace their old IT systems with hardware and software. Many companies are now in the process of replacing their UNIX based systems with Windows NT. NT 5.0 and the faster chip speed will accelerate this changeover. The creation of the European Union with all the assorted currency and other unification issues will require a commitment to new IT technology. In addition the Internet is experiencing explosive growth.
Dell continues to achieve all the fundamental criteria of a superior stock and the overvaluation issue is the only cloud on the horizon. Dell has our "A" ranking and has been recommended by The Chartist, MPT review, OTC Insight, Timers Digest, and Value Line. The IBD rankings as of 8/20/98 are 99 for EPS and 99 for Relative Strength.
Like you always say "Buying DELL is the easiest thing to do"
Best,
Steve |
