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: Venkie who wrote (35616)	3/26/1998 9:23:00 AM
From: Patrick E.McDaniel	Read Replies (3) \| Respond to of 176387

Donnie, I hope Michael Dell is watching Intel stock today. Intel is adding 100 million shares to their share buyback program. It seems to me, last year Intel did this and was very successful at moving the stock price. Several weeks after Intel announced a buyback expansion Dell announced theirs. Michael, are you paying attention today? :o) P.S. I am sure he is!

To: Venkie who wrote (35616)	3/26/1998 11:24:00 AM
From: SecularBull	Read Replies (3) \| Respond to of 176387

My rough earnings calculations for DELL FY99 and stock price projections are: At 40% revenue growth, DELL will do $17,257,800,000.00 in sales for FY99 (ends Jan 99). At 7.7% (FY98) net margins, that's $1,328,850,600.00 in earnings. At 738,000,000 diluted shares, the earnings would be $1.80 diluted. $1.80 times 45 (p/e) would be $81.00 share price in Jan 99. ($90.00 at p/e=50) At 50% revenue growth, DELL will do $18,490,500,000.00 in sales for FY99. At 7.7% net margins, that's $1,423,768,500.00 in earnings. At 738,000,000 diluted shares. the earnings would be $1.93 diluted. $1.93 times 45 (p/e) would be $86.85 share price in Jan 99. ($96.50 at p/e=50) Does this look right to you? **None of this takes into account the stock buy-back program