Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Joseph Francis Torti who wrote (24115)	12/4/1997 7:36:00 AM
From: KENNETH R SANDERS	Read Replies (1) \| Respond to of 176388

JOE>>>>Ask Kenny Sander's my guru about what I am talking about the (Micron Balance sheet magic! ). He will know what I am talking about <<<GOD help you if I'm your guru. I don't even know what I'm talking about! Maybe Micron will sue DELL for dumping on the balance sheet. You will get in trouble on this thread for suggesting that DELL uses imaginative bean counting<G>

To: Joseph Francis Torti who wrote (24115)	12/4/1997 9:59:00 PM
From: Bill Murphy	Respond to of 176388

Joseph, I must be missing something that you are seeing. Current liabilites are up 62% year over year, Current Assets up 45%. No big deal. But long term debt dropped 5.5%. And the r/p ratio only went from 1 to .9, which can be a very volatile number by the nature of the business anyway. For all we know they took on some current liabilites to pay down the debt and buy some stock back, and will use the excess cash generated to pay it down. I see nothing disturbing in the numbers, except the fact that they are unaudited, which seems to be irrelevant these days anyway because these big accounting firms don't catch the fudged numbers anyway. I think that the inventory turnover number is much more important, and if anything, that has improved slightly. Regards, Bill