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

To: Knighty Tin who wrote (100169)	2/16/1999 10:48:00 AM
From: my2boys	Read Replies (1) \| Respond to of 176387

We're going on a bear hunt. We're gonna catch a big one. We're not scared. From a child's book by Helen Oxenbury. Everything I ever needed to know I learned from my three year old…Steven's Dad

To: Knighty Tin who wrote (100169)	2/16/1999 10:54:00 AM
From: Dalin	Read Replies (1) \| Respond to of 176387

MB. NUTS! AEOB D.

To: Knighty Tin who wrote (100169)	2/16/1999 10:59:00 AM
From: Uncle Frank	Read Replies (4) \| Respond to of 176387

Mr. Burke, I appreciate the summary of your view points about dell. As I am a long term bull on this stock, I like to compare my conclusions against the contentions of dell detractors. I know you have a large following, as many of your troops stopped by last week to taunt (hope this isn't an essential part of your basic philosophy). As such, I feel your conclusions represent a fine litmus test for my expectations. I see absolutely nothing in your post that dissuades me from my belief that Dell is the next Dell. We should give this a rest, wait for the report, and let the market judge the merits of our positions. The Games have begun. Thank you for your response, Omoshiroi taiken, domo arigato gozaimashita Uncle Frank

To: Knighty Tin who wrote (100169)	2/16/1999 11:07:00 AM
From: BGR	Respond to of 176387

MB, Let me try to address a few points here: 1. Price: If DELL is grossly overpriced by any particular pricing model, then the S&P500 is obscenely overpriced by the same. Now, this may mean to you that the entire market is due for a fall, but even in that case DELL should fall less than the market at large. Hence, DELL is a superior investment to the S&P500 (which, BTW, 80%+ of mutual fund managers failed to beat in '98). 2. The reason, perhaps, is DELL, which is slowly wiping out competition. It is hard to imagine that continued well-being of it's competitors would be considered a pre-requisite for DELL's success. DELL continues to enjoy extremely strong YoY revenue, EPS, unit and market share growth. 3. It is your guess against MD's, and pardon me for saying this, MD probably has better credentials (in particular since you have displayed reluctance to use statistical models in your analysis). 4. The channel is DELL's competitotr, which it is slowly wiping out. Therefore failure of the channel points to DELL's success, not failure. I do agree that SP500 earnings are a concern. However, my personal experience tells me that since human resources is infinitely more expensive than h/w, h/w budget cuts are relatively slower to come. Also, in this age, whoever is not investing in technology is a sitting duck and CFOs know that - so priorities have changed. But I acknowledge that this is a good point. 5. This doesn't apply to DELL. This is primarily a product of the lower end swampland of sub 1k and soon to be sub500 PCs. DELL has been smart enough to avoid this segment and continues to display it's acumen. 6. Like you, I do not care about option related sells as well. 7. True, but that is such a general statement! This is true for every single technology company in the business which started in the last decade. 8. Excellent point, as DELL's model is not the best to handle component price inflation. I posed this question in this thread back in nov '98. It will be interesting to see how DELL handles the situation. 9. DELL avoided the swampland on purpose. It is a great strategic success! It doesn't need to increase units while sacrificing margins. 10. DELl has one of the best management team in the business today, a world class SCM implementation and a fabulous procurement, manufacturing and distribution system. -BGR.

To: Knighty Tin who wrote (100169)	2/16/1999 12:08:00 PM
From: L. Adam Latham	Read Replies (1) \| Respond to of 176387

Michael: Re: 4. Dell is in the wrong part of the business. The corporate side is now a hurting puppy, which we have seen with the channel in deep kimshee and Y2K arriving and S&P 500 eps hardly growing at all. I work on-site at Boeing in St. Louis. Boeing certainly is one of the "hurting puppies", with major cost overruns, intense competition from Airbus, and an uncertain defense industry. Yet, day after day I keep seeing Dell boxes pouring into my building, and these are 400 and 450 MHz Pentium II systems. It's only one small snapshot of corporate America, but Dell's business here certainly doesn't seem to be hurting. Adam

To: Knighty Tin who wrote (100169)	2/16/1999 1:02:00 PM
From: carl a. mehr	Respond to of 176387

Mr. Burke, Re: - "2. The PC market had negative growth for the first time ever in 1998. This is a totally different operating environment that the pc cos. have had to deal with in the past." I respectfully disagree! I have no facts and figures, but being alive it is easy to feel and see that everybody is getting connected. You drive down the freeway and see cars advertising their internet website. Many companies sit around with slow PCs and all employees hate outdated stuff and employers don't like the extra employee time used. It gets expensive. So, I disagree with you, but I welcome your posts very much. Don't let anybody keep you away from posting. humble carl