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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: jim kelley who wrote (70762)11/19/1999 2:45:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 132070
 
<<DELL is currently priced at about 1 times next years earnings.>>

since the trailing p/e is about 67, are you suggesting their earnings will go up 67-fold next year?

what are the facts this assertion is based on?

hb



To: jim kelley who wrote (70762)11/19/1999 2:51:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Jim, I quote from a recent note by one Jim Kelly, who stated that Dell's revenue growth rates had declined from the 60% area to the 40s. I often question this source, but in this case, I double-checked his statement and it was correct. <g> And that, bud, is precipitous, especially given the huge amount of financial engineering in which these scamsters engage.


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