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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: edamo who wrote (134839)	6/28/1999 4:49:00 PM
From: Meathead	Read Replies (5) \| Respond to of 176387

Well edamo, if you recall, you as well as I were in agreement on one thing (and one thing only)... that re-selling leased PC's did not sound like a good idea. Do you think maybe we were wrong? Surely I was wrong but not you right? Seems that if we had done our research a little better, we'd have seen that the almighty visionary perception kings IBM had already announced a move like this. Re: the announcement may provide more "comical" relief to the dellhead visionaries then even i could!!! If you'd have read the article in it's entirety you'd have to add your idol Lou G. to the list of comics. Oh, I forgot, you only skim. Seems you have a lot of spare time on your hands today (9 posts). Us lowly engineering managers only get a few minutes a day to take a break and keep up with the news... Do $100M companies run themselves these days? MEATHEAD

To: edamo who wrote (134839)	6/28/1999 5:05:00 PM
From: Mike Van Winkle	Read Replies (2) \| Respond to of 176387

re: first artsy computers, now auctioning off lease units....whats next hand held appliances?????......i guess the "smart ones" on the thread will again reverse statements and claim if "mikey" sells off lease computers it must be all good....what a fast follower he is.. edamo, I have been watching this raging battle of personalized views of what Dell should or should not do. Whether Dell is first or last in doing anything is not a critical issue, it is how it is done that makes it good for the share holders. A good idea is not enough, the details to do it right is where the brilliance is. I for one can not judge if a product or service is right for Dell. However, after Dell offers the product or service, I have generally been impressed with the results. Keep in mind Dell's ratio of employee to revenue and earnings is half their closest competitor. You might say it is twice as hard for Dell to enter into anything new! I would welcome handheld appliances if Dell offers it. In the real world of business, offering one product, however can mean not offering something else. I am just not in the position of knowing the correct choices or timing of choices, are you? Dell with their direct contact with customers is in a better position to know and make these choices. I can't see any of us getting a focus group of customers to decide it is time to use colors and change the box design. We don't have the resources. Keep it friendly, try not to get frustrated with posters (like me for instance?). Cheers Mike

To: edamo who wrote (134839)	6/28/1999 5:12:00 PM
From: John Hauser	Read Replies (4) \| Respond to of 176387

WOW, NAZ +49 Dell up $.125 (?!#@*) Bearishly, JH

To: edamo who wrote (134839)	6/28/1999 6:12:00 PM
From: JRI	Read Replies (2) \| Respond to of 176387

ed- As a bit of a change of course, why don't we take a closer look at a recent pronouncement by MD, which, in my mind, has more validity and substance than would any particular announcement about Dell entering a specific software/hardware/services area in a big way.. (I won't copy the articles but I'm sure you saw on Fri./Sat. where) MD said that the overall (addressable) market for hardware/software/services in 5 yrs. will be around 450 Billion Dollars, and that Dell could capture 20%, or 90 Billion of that.. With my back of the envelope calculations, I get the following: -If Dell has revs. of 90 B in 5 yrs= Approx. 37% y-o-y compounded rev. growth ('00-'04)...if MD is starting from end of last fiscal year, 18.2B) OR -If Dell has revs. of 90 B in 5 yrs= Approx. 32-33% y-o-y compounded rev. growth ('01-'05)......if MD is starting from end of this fiscal year, '00, at around 25B Let's say that MD is off, even by a large amount....that Dell will acheive "ONLY" 65B in revs. after the "5 year period"... In my rough calculations, I get Dell still acheiving somewhere between 23-33% annual revenue growth (depending on where MD's start point is...) for the period(s) in question, either '00-'04, or '01-'05... NOW.. Even the worst case scenarios don't look too bad, do they? Combined with Dell's increasing emphasis on higher margin opportunities, I think we can all feel pretty good about the stock for the long-term, or next few years.... Granted, MD is not giving us specific info here, BUT if the analyst/investor community really looks at this, this should make many feel very good about keeping the stock as a core holding... IMO, the biggest problem Dell faces (has faced) are the unrealistic expectations of the investment community...as Chuzz so aptly puts it, a company growing its earnings at 40% can not see its stock appreciate at 200% very long...IMO, Dell will not grow at anywhere near the rate of the past 2/3 yrs...however.... After, perhaps, a little period longer, I think we will see Dell start appreciating (again) at a rate close to its earnings growth (for the next 5 years), or somewhere in the 30-40% range...admittedly, it is unclear what effect Y2K is going to have on stocks the 2nd half of the year... However, isn't MD's recent prognostication(s) some cause for optimism here??