SI
SI
discoversearch

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: Patrick E.McDaniel who wrote (29885)2/16/1998 9:22:00 PM
From: jim kelley  Read Replies (1) | Respond to of 176387
 
I think no boo boo.

Here is why.

From the last DELL 10-K:

Net sales......................................... $2,412 $2,019 $1,690 $1,638
Gross margin...................................... $ 524 $ 450 $ 373 $ 319
Income before extraordinary loss.................. $ 188 $ 149 $ 112 $ 82
Net income........................................ $ 188 $ 145 $ 103 $ 82
Income before extraordinary loss per common
share(a)(b):
Primary...................................... $ 1.01 $ .78 $ .58 $ .42
Fully diluted................................ $ 1.00 $ .78 $ .57 $ .42
Weighted average shares outstanding(a):
Primary...................................... 185.8 191.0 194.7 194.8
Fully diluted................................ 187.0 192.0 196.2 196.8
Stock sales prices per share(a):
High............................................ $ 72 3/8 $ 44 3/8 $ 28 5/8 $ 23 3/8
Low............................................. $ 37 13/16 $ 26 1/16 $ 20 3/16 $ 13 ¬

This shows that there is very little dilution in DELL stock to report.

From the last 10-Q:
Q3 Q2
Weighted average shares outstanding............... 360 364

From the last quarter we would expect the share outstanding to come in at approximately 356M.

I computed it another way following DELLs method and this is to add about 30 to 31M shares to the actual shares outstanding of 326.434M.

Regards,

Jim Kelley



To: Patrick E.McDaniel who wrote (29885)2/17/1998 7:09:00 AM
From: Lee  Respond to of 176387
 
Pat,

Please enter my WAG of 0.85 diluted, and 2/1 split.
Thanks

Lee