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

To: Jack T. Pearson who wrote (34414)	3/15/1998 4:58:00 PM
From: ratan lal	Read Replies (1) \| Respond to of 176387

Jack If you were correct on 2 & 3, Dell's sales and earnings would not be growing at 50%+ per year. Margins are not declining either. I believe the question was for 3 to 5 years from now. More than 50% of sales is in 'White boxes'. These will increase. Read about the config centers being set up by Ingram Micro. Ypu are wrong to think that others are going to let Dell just rake in profits without trying to cut into his business. He cut into CPQ. ratan

To: Jack T. Pearson who wrote (34414)	3/15/1998 8:39:00 PM
From: Jacky AY	Read Replies (2) \| Respond to of 176387

If you were correct on 2 & 3, Dell's sales and earnings would not be growing at 50%+ per year. Margins are not declining either. BARS estimates Dell's gross margin to decline from 22.1% to 20.1% and again to 20.0% from for the next two years. If you have First Call estimate, Dell's consensus earning estimate is to grow only 41% and 27% in the same period. So much for the Dell eating into CPQ/HWP/IBM's lunch postulate. Where did you draw your numbers? I guess those must be the figure for the past. You probably have never read the fineprint in every mutual fund or company annual report: "Pass history does not necessarily translate into future performance." Good luck for those who pay 50x future earning for a slowing commodity business. You'll need every bit of it going forward. Lastly, Briefing.com reported "Insiders remain active sellers of Dell stock." Maybe that explains why DELL need to borrow $500 mil - to buy back shares/options granted to employees. Does anyone recognize that the total number of outstanding shares are not declining even though the company claimed to re-purchase shares? Interesting.