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


To: jim kelley who wrote (31520)2/28/1998 11:16:00 PM
From: Patrick E.McDaniel  Read Replies (1) | Respond to of 176387
 
Jim, I have Dell at $4.36/share pre-split this year.

Q1-$.88, 5% sequential revenue growth
Q2-$.99, 10% sequential revenue growth
Q3-$1.14, 15% sequential revenue growth
Q4-$1.36, 20% sequential revenue growth

February 1999: P/E=40->$174.40, P/E=45->$196.20, P/E=50->$218.

If we can hold a P/E of 45 or better we should be able to afford a trip to Texas.

The wild cards are buybacks, margin changes and the unexpected.

Pat



To: jim kelley who wrote (31520)3/1/1998 3:04:00 PM
From: Fangorn  Read Replies (1) | Respond to of 176387
 
Jim,
I suspect we will see more than $4 too. I just added 50% to last year's 2.71 which comes to 4.065. I love pleasant surprises so making conservative estimates is a way of life. VBG