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

To: Techie who wrote (48568)	6/22/1998 8:49:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 176387

Is that what I said? What I said is that CPQ is not making much money on sub-zeros. What I said is that cost accounting is not cut and dried, so depending on your cost accounting system costs can appear to be very different from one another. As an investment professional you ought to know that different accounting systems are used for different audiences, and GAAP accounting is not used internally. While I didn't say it, I agree that DELL can make money on machines where other companies cannot. I thought their last quarterly P/L demonstrated that quite nicely. The reasons are not difficult to fathom: direct selling eliminates at least two layers of superfluous costs and efficient inventory systems eliminates needlessly constrained capital. GTW is beginning to look like Dell in these respects, but has some ways to go in terms of inventory systems. Dell's choice to enter the the cheap retail market will be based on their perception of sustained proftability. Thus far they have consistently indicated that they do not believe it exists. TTFN, CTC