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: Ben Hines who wrote (44374)	5/22/1998 12:14:00 PM
From: Lucretius	Respond to of 176387

the speculation is in the multiple and valuation. DELL is more properly valued at about 1/2 of it mkt cap right now. The "bulletproof fundamentals" are retrospective. The mkt looks forward. Like I told you guys, tops are made when everything looks its best. Due to the decreasing margins per unit, slowing growth, and general mkt conditions in the PC mkt, the stock is selling off. You're right though. If this co was $30, I'd be abuyer of the stock based on what I saw in the F/S. Margins were good, rev up, etc. I don't like all the buybacks financed by debt and employee options, but that's a pervasive problem that we can discuss later. -Lucretius