To: jhg_in_kc who wrote (156808 ) 5/6/2000 9:04:00 AM From: Sig Read Replies (1) | Respond to of 176387
JHG <<< why is the dell thread dead. is this the end of an era?eom >>> Ask not for whom the Dell tolls.(G) Tis not the beginning of the end, but the end of the beginning Some have asked why Dell does not invent something new Here is 1999 in review. 1. New plants in China, Ireland, Brazil and Nashville. (probably to be followed by ones in India, Mexico, and on the Continent) 2. Hiring of two executives of global experience in managing large divisions. 3. Consolidation of the basic P/C production and huge expansion of notebook and server production 4. New ventures in ISP provisioning, leasing, wireless, venture capital, slim line servers, 8-processor mission critical servers, Gigabuys, integrated storage systems, FAST search engine,Linux, WIN 2000,and recycling of computers at Nashville. 5. Tom Meredith to head up the venture capital group. 6. 26 bil procurement agreement with IBM and $6 bil procurement contracts for LCD's out of Asia. 7. Expanded contracts with Ford, Shell, Sara Lee, Boeing and the AF 8. Entry into the consumer market with the webpc, the under $1k prices, and new advertising. 9. Authorization of 7 bil shares and continuation of the stock buy-back program. All this and more accomplished while earning 1.67 bil after taxes, over $4 bil in the kitty, average earning growth last 5 years OF 68%, next 5 years expected of 34% A warning to EEEE and Free Pc. DO NOT TRY THIS AT HOME. Without dedication and experience it can blow up in your face or decimate the bank account. Sig ( my figures are close, but not perfect) But who in the world would buy a stock that can double in nine months( go up $50), when you can buy a stock like RMBS or SDLI or PMCS or ??? that can go up $50 in two days?