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


To: jim kelley who wrote (58283)8/14/1998 2:51:00 PM
From: Paul Shread  Read Replies (1) | Respond to of 176387
 
Legg Mason Value Trust's quarterly report had an interesting defense on why they continue to own DELL. Excuse me if I get my facts wrong here, but they basically said that as DELL trades at a forward PE of 40 and GTW at 20, and DELL gets a return of 200% for each dollar it spends vs. 40% for GTW, then why shouldn't DELL be valued at 5X GTW instead of 2X?

I hope DELL blows away earnings on Tuesday; this market needs someone to come to the rescue.