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

To: Lockeon who wrote (98942)	2/13/1999 6:49:00 PM
From: kendall harmon	Respond to of 176387

For another example of journalistic mistep, here is Jonathan Fuerbringer's sentence from today's NEW YORK TIMES: "Earnings concerns undermined Dell's price as an analyst from BancBoston Robertson Stephens said Dell's fourth-quarter sales would slow sharply." Note carefully that last word. SHARPLY. Ahhhh. Of course, if one actually READS Mr. Niles report, he said nothing of the kind. What he actually said was "** We believe Dell's finish to the quarter was soft." A soft finish versus a sharp slowing in sales for the whole quarter? Please! None of us knows what will happen on Tuesday. But journalists are not helping. Accuracy is not too much to ask.

To: Lockeon who wrote (98942)	2/13/1999 6:59:00 PM
From: BGR	Read Replies (1) \| Respond to of 176387

Lockeon, No, I was not referring to CNPEG2. I have calculated the forward PEG below. I have already mentioned why I expect the forward EG for the next 5 years to be 60% (approx.) - which may be an overestimate. The forward PE, then, is about (89 7/8)/(1.05 * 1.6) = 53.49 and the forward PEG is 53.49/60 = 0.89. Which is almost .9 and not .8 as I had earlier mentioned, a calculation error I guess. Sorry about that. That puts the CNPEG at 0.3 as the forward PEG of the S&P500 is about 2.9 according to CTC, with CNPEG2 about 0.35 adjusted for beta. -BGR.