paul...re dell silence...
try to keep my eyes open, but perhaps, i may be looking through rose colored glasses, but i don't think it's the responsibility of a ceo to comment on the minute by minute price action of his stock, which is being moved by the manic forces of the market...dell's last earnings respectable enough for me...no one has a crystal ball, any recent interview of msd, quite positive,....it's almost as the market and its pundits want a negative to be proved...the stock has fallen out of favor because it's growth has fallen below 50% and how can it keep it's high pe valuation...okay, let's be logical...the momentum is in internets...basic query to anyone with much more math acumen than i...what growth does aol require to maintain to keep its 500+ pe, or how about ebay with its mid 4 figure pe...the percentage growth is easy when you are consistently negative or under .30 share...gets harder as you get bigger, with an economic downturn would you rather be in a cash rich entity who has lived thru sector downturns or a fluff rich entity that is in uncharted waters...i'm too conservative and will stick to my 15-18% pa goal...paul, only time will tell...and if we are wrong...the worst will be wrenched out...but if correct...explosive upside as the momos return...i like the risk/reward at this level....too many apocalypses....good luck, ed a. |
