SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.34-2.9%Nov 4 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuzzlewit who wrote (24311)4/11/1999 1:21:00 PM
From: Bindusagar Reddy  Read Replies (1) of 77397
 
Chuzzelwit, I agree that DELL has great ROIC, ROE. But can you tell how much equity and capital is these numbers based on. Stockholders equity is MEASLY 77cents. Can you tell me where is all the money DELL made last few years on the balance sheet. I will tell you, they spent on buying back the shares issued to employees at low prices and keep the share count stable to prevent dilution, but the money is coming out of the stockholders equity to pay for these overvalued shares Michael DELL and others sell every quarter to FOOLS on the street and to the company itself. It is a gimmick. I would like to see the so called cashflow reflected in the balance sheet at the end of the year. All I see is measly increase in stockholders equity.

Wait until they buy back few more millions of shares next quarter, th equity will drop to 50c and the ROE will look even better.

I am not short DELL, I wish you good luck with DELL. I am not trying to take anything away from DELL, a great growth story. But what price one should pay is debatable. Ultimately markets will decide in a long term.

Good luck.
BR

I can boast 200 % return on equity when I only have 77 cents of stockholders equity per share.

BR
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext