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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (47604)	2/17/1999 11:16:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

YZ, His other misjudgement was in believing his Intel partners that the sub $1000 pc was a flash in the pan. At least I give the guy credit for admitting he was totally wrong. Intel has lied about it, saying they always loved the sub $1000 pc. <G> Companies that have grown rapidly often keep a slush fund where they can pull accounting eps into a weak quarter. I don't know if that is the case here, but it kinda looks like it. I just haven't been able to track down the source on the books yet. GE is the master of this "smoothing" strategy. I don't care what new ideas Dell has. He is a one trick pony. Internut firms make zero dollars, so does he risk the bloated Dell multiple to invest in money losers? I doubt it, despite the Web Site registration. If he does it, it might pop the dog for a day or two, but then, it would be adios, feather pluckers, to the stock price. MB