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

To: jhg_in_kc who wrote (58604)	8/17/1998 1:07:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 176387

jhg, Sales for 1998 were approximately 12.3 billion for FY '98, so sales of 60 billion represents an annual growth rate of almost 70% for the next three years. While it is possible to do it, it too seems to me to be wildly optimistic. I think a much more reasonable goal would be growth of 50% or so per year, which would lead to sales of a little over $41 billion. I hasten to point out that revenue growth from 1995 through 1998 averaged 52.5% with improving cash management, so it is possible in theory to realize the kind of growth Kemble envisions. I just don't think that forecasts like that are achievable, but I am willing to be pleasantly surprised. TTFN, CTC