biz.yahoo.com
Combine Lucents estimate of telecom growth with Dells 4+ times
industry growth rate, major price reductions by Intel which Dell is best positioned to take advantage off, the active support of the Chinese government in building phone/internet lines, added computer sales to replace non yr2k compliant computers, and Dells ability
to maintain if not increase margins, the increased stock buyback
program and new plants and new server products and storage systems
and sales of HWP printers, and etc.........
IMO Dell can easily maintain a 60% OR HIGHER growth rate for the next two years. The key, as the Cat says, will be margins, and Dell is
just about the best there is at maintaining margins.
Michael knows that good employee morale is critical to doing this and has therefore made them all all shareholders(hehehe)
Looking backward from the 1999 shareholders meeting, it will not matter whether the Dow is then at 7000 or 11,000, Dells price today will look like a monstrous bargain.
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