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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: Mark Myword who wrote (848)5/25/1998 9:51:00 PM
From: lin luo  Respond to of 2578
 
I always think if we classify human being by their IQs and put them in a circle accordingly, genius and idiots are head-to-head at one point on the circle. Any perturbation of any kinds will flip these two. They never get confused. Only those in the rest of the circle always ponder or confused.



To: Mark Myword who wrote (848)5/25/1998 9:54:00 PM
From: Richard Tsang  Read Replies (1) | Respond to of 2578
 
I looked at more details at the Yahoo site:
Current P/E (ttm) = 53.9
Forward P/E (Yr 1/99) =44.5
Foward P/E (Yr 1/00) = 34
PEG for 1/99 = 1.08
PEG for next 5 years = 1.8 (not a good sign)

How can investors still see up-side in price?

More astonishing is the book value is only worth $2.01 per share! Why would people pay more than 42 times what the book says it is worth. The technology (build to order "BTO") that they have can be replicated over time and they have no copyright protection on BTO.

Based on current price 85 and change and last 12 months sales per share at $20.62 the price per sales ratio is over 4.1.

I am more bearish after this research.
RT