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Politics : Ask Michael Burke
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To: Daniel Joo who wrote (49534)3/3/1999 10:24:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
Daniel, It has been obvious for a while that Dell has to diversify to keep any growth at all at their co. The problem is, there are very few high margin businesses where their one trick, quick inventory turns, is not already standard practice. Also, how many electronics retailers do we see with pe ratios of 77 times? 20 times is more standard. So, you get extra costs on low margin products. Sounds like this is another desperate move that will need to be spun to the ignorati at the company meeting in April. MB
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