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

To: stockman_scott who wrote (138753)	8/9/1999 8:40:00 PM
From: calgal	Respond to of 176387

Scott: Good rules... Now can I absorb this info and actually do it? :) LW

To: stockman_scott who wrote (138753)	8/9/1999 9:08:00 PM
From: Sam Bose	Respond to of 176387

Scott, Assuming Niles is correct, DELL's year over year revenue growth will be 41% this quarter. 1998 Q2 revenue was $4.33 billion, and Net Margin was 7.9%. So 41% revenue growth suggests $6.1 billion this quarter. Using 7.9% net margins (conservative since its the server sales and other high margin units that are raising Niles' growth estimates) and using 2.65 billion shares diluted (based on buyback rates) we get 18 cents a share for the August 17 earnings report. First Call consensus is I believe 17 cents. Niles further expects 10% growth for Q3 quarter over quarter. This will bring revenue to $6.7 billion and 20 cents per share for the November earnings report. Let's hope he's correct, or that DELL even beats his estimates. Either way, its nice to see Mr. Niles seeing the error of his ways! Whether we like it or not, he is the axe on DELL right now, and his words will go a long way towards supporting the stock price. I'd rather he was on our side than against. <G> Best Regards, Sam