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

To: jim kelley who wrote (85098)	12/13/1998 3:35:00 PM
From: jim kelley	Respond to of 176387

OOPs those were DEC fititious working capital numbers!!! NOTE 12 - DIGITAL SUMMARIZED UNAUDITED FINANCIAL INFORMATION (DIGITAL ----------------------------------------------------------------------------- STAND-ALONE) (CONTINUED) -------------------------

To: jim kelley who wrote (85098)	12/13/1998 3:39:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 176387

Jim, if you really want to get a picture of the company calculate the acid test, which is what we hard-nosed analysts look at. For current assets use only cash + cash equivalents + 85% of A/R. I would also probably take out tax refunds because I am not sure that they are collectible this year. Don't count stuff like inventory. Now divide that by current liabilities. The idea is to see how much cash the company could raise quickly. A healthy, liquid company ought to have an acid test of around 0.5 or better. Dell had an AT of 1.15 at the end of last FY. OT Newest oxymoron ---> moderate Republican TTFN, CTC