To: RetiredNow who wrote (13890 ) 5/6/1998 12:50:00 AM From: JRH Read Replies (2) | Respond to of 77400
RE: Dell growthJRH, maybe their revenue growth rate is 30%, but their average annualized return on their stock is 54% since their IPO. Not exactly, read below (Annual Report (SEC form 10-K)):In the Americas region, where efforts have allowed the Company to build valuable supplier and customer relationships, net revenue grew 62% and 52% in fiscal 1998 and fiscal 1997, respectively. In the European region, substantially all countries experienced revenue growth in both fiscal 1998 and fiscal 1997. This allowed Europe to increase revenue 48% and 36% in fiscal 1998 and fiscal 1997, respectively. Asia-Pacific and Japan revenues increased 77% in fiscal 1998 compared to a 38% increase in fiscal 1997. And the stock price? Go here and view the graph:pathfinder.com If you are still skeptical view this excerpt from fortune and visit the following url:pathfinder.com His company, Dell Computer, is a runaway money train. Measured by growth in sales, profits, market share, or, of course, stock price, Dell seems to defy conventional logic. Over the past three years, sales have climbed from $3.4 billion to $12.3 billion (that's 53% compound annual growth). Profits are up from $140 million to $944 million (that's 89% annual growth). Dell is growing more than twice as fast as any competitor, and its worldwide PC market share has doubled. Never mind merely comparing it with other boxmakers. Among the FORTUNE 500, Dell ranks No. 7 in return on stockholders' equity--ahead of Coca-Cola, Intel, and Microsoft. It is the only FORTUNE 500 company that has increased sales and earnings by more than 40% a year in each of the past three years.