Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 133.20

+5.7%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hsg who wrote (79578)	11/13/1998 2:34:00 AM
From: jim kelley	Read Replies (2) of 176387

Actually, DELL's price has not moved up faster than earnings growth. The formula for DELL price has not been based on its past earnings but has been based on its future earnings. Based on that formula DELL's price should be about $ 70 per share at this time. DELL price was driven lower than usual last quarter by the financial turmoil in the world markets. It dipped as low as 40.5 in early October during the day after the hedge fund scare. It is also true that most other stocks were driven lower as well by this turmoil. To argue that a high growth rate company should be priced based on the previous four quarters growth is investment by means of a rear view mirror. If a company is not growing appreciably then it makes sense to value it based on its historical earnings.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next