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


To: BWAC who wrote (163088)12/5/2000 8:33:05 PM
From: Meathead  Read Replies (2) | Respond to of 176387
 
Someone should buy Apple. This company could be had for almost nothing. It's trading around $14/share and has $12/share cash on the balance sheet. Unless they have a poison pill or something, I wouldn't be surprised if some competitor is mulling over the possibility of buying them out and either keeping them as a wholly owned sub and making them profitable by revamping their mfg and distribution to a demand driven direct model or shutting them down completely.

Here's a company with $4 Billion in cash and a current market cap of just under $5 billion. Most amazing is Apple's Intellectual Property portfolio. A staggering number of patents for a company that size... some 1500 or
about half of Intel's amount. Anyone who bought them would immediately own the rights.

Add to that property, plant, equipment, engineering talent, management and the general employee population.

Of course we could argue that all the good employees would quit under a Dell/Compaq/IBM/whomever buyout or that it would be bad PR to put them out of business cause their loyal berkenstock wearin customer base would hate the buyer and never buy anything from them or that the PP&E aint worth much to begin with.

But... one must admit, on the surface, it looks ripe for consideration by someone.

MEATHEAD