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Technology Stocks : Dell Technologies Inc.
DELL 130.49+0.4%Dec 15 3:59 PM EST

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To: Bill H who wrote (113192)3/29/1999 1:20:00 PM
From: Eggolas Moria  Read Replies (1) of 176387
 
Yes. Several articles have stated that they became profitable in either mid-February or March (or both for all I can tell). Was the NY Times the most recent one? I don't recall.

However, since the CEO said that they intend to go public this year, I doubt he would want to trash his credibility by saying that they are currently profitable and then disclose the opposite in the S-1.
For that reason, I tend to believe his statement. Whether it's a "net-net" statement, I don't know.

But that 4% return rate has to be the envy of the retail industry.

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