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

To: Sr K who wrote (161935)	10/8/2000 5:33:14 PM
From: rudedog	Respond to of 176387

Sr K - I took that one up on the Raging Bull thread. This is exactly the kind of irresponsible boasting that I first objected to when I heard this kind of thing at the 1999 shareholder's meeting, and again several times this year. DELL is projected to do $32B this year. The $84B number would require that DELL grow 40% for the NEXT 3 YEARS!! Is that the kind of expectation we would like to see? Does that mean that if we DON'T see 40% growth over the next 3 years, the stock will be depressed despite great earnings and fine management? What's the point of saying things like that? My opinion is that the estimates of Vanderslice and Rollins at the analyst conference, of growth between low 20s range and high 20s range for next year, is more realistic, and that the growth will probably drop closer to the industry average after that, as the company grows. That says something closer to $50B in 3 years. But who cares what the gross is? Remember Pfeiffer's "a $50B company by the year 2000"?? Didn't do a lot for CPQ. The focus should be on the things DELL does well and has continued to do well up to the present. Statements like this just set us up for disappointment.