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To: Mighty Mizzou who wrote (55578)10/8/1998 7:15:00 PM
From: michael modeme  Read Replies (1) | Respond to of 61433
 
Michael Dell also stated that long term economic growth and technology trends will spur on continued rapid growth of the PC industry.



To: Mighty Mizzou who wrote (55578)10/8/1998 8:17:00 PM
From: charger  Respond to of 61433
 
No kidding. It's like he's saying not this year, but maybe next!



To: Mighty Mizzou who wrote (55578)10/8/1998 9:22:00 PM
From: gbh  Read Replies (1) | Respond to of 61433
 
I infer this to mean that Dell IS forecasting a bad year in the future. The market does not like uncertainty!!!

Well, whatever he said, they must have liked, a lot. His stock rallied almost 8 points from when he gave this little chit chat.

Dell has 9% market share. This company's growth will not slower for another 2 years, at least. Somewhere in the 45% range. Now, whether the market decides to reward this level of growth with a 65 to 75 PE again remains to be seen. But the growth will be there. I'm banking my early retirement on it. :)

Gary