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Technology Stocks : Dell Technologies Inc.

DELL 133.21

0.0%

Nov 28 4:00 PM EST

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To: Skeeter Bug who wrote (95601)	2/6/1999 9:37:00 PM
From: Chuzzlewit	Read Replies (2) of 176387

Your math is wrong. Reason, the report cites ASP at the end of the period, not average ASP for the period. So, your are substituting a stock item (end of period ASP) for a flow item (revenues). So your point about declining revenues is conjecture, and in fact would require the ASP{ drop to have occurred entirely at the beginning of the period. But taking a more reasonable position would be to suppose that average ASP dropped 7.5% during the period. (15%/2) So now we would have revenues at 1.15(.925)= 1.06375 for an increase in revenues of 6.375%. Thanks for your help with the math. The devil is in the details. TTFN, CTC

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