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Politics : Ask Michael Burke

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To: BGR who wrote (47250)2/15/1999 6:19:00 PM
From: Tommaso  Read Replies (1) of 132070
 
I guess I shouldn't do these calculations in my head.

Dell closed in Frankfurt at 80.90 Euros, down from its previous closing there but this translates to $90.80, or about 7/8 point up from its last close in New York. Or just a little more. 92.5 cents to be completely exact.

Of course one could probably add some more digits to the exchange rate and get it down even closer.

Let's throw in an extra penny just to be safe.

So at this rate, with about 250 trading days ahead, a year from now Dell should be worth about $324.80 a share.

So let's all relax.
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