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

To: John who wrote (109146)	3/11/1999 7:57:00 PM
From: Chuzzlewit	Read Replies (3) \| Respond to of 176387

Sorry, John, but you are way out of line. Your questions were in fact replete with misunderstandings, and I think that JBN3 was kind enough to take the time to explain some problems. But here are some specific misunderstandings that you have: 1. Stock splits are dilutive. They are not. they are simply an accounting convenience. Dilution due to stock splits is akin to thinking you are poorer because you trade a ten dollar bill for two fives. 2. What would happen if Dell paid a dividend? Dell does pay a dividend. It is in the form of a tax advantaged share repurchase which allows you to convert ordinary income to capital gains, thereby defering taxes, and when taxes are finally paid they rate will be lower. 3. Asking about a concern for high P/Es invites the kind of response you got. If you are interested in learning more try to be specific. Sorry to jump all over you, but it seems to me that JBN3 has gone out of his way to try to help you out. TTFN, CTC

To: John who wrote (109146)	3/11/1999 9:11:00 PM
From: jbn3	Respond to of 176387

John, In your post, Message 8249005 you asked: 1. Is anyone concerned about the relatively high P/E ratio of DELL? Will this impair the ability of the company's stock to show significant price appreciation in the future, and to the degree that it's enjoyed in the past? Message 8249005 My post responded to the question I heard, namely that you thought DELL had a high P/E. You did not specify Forward P/E, PEG, or NPEG. You stated simply "P/E". I attempted to show why I believe a P/E is not a particularly valid tool for measuring DELL's potential. The post was intended for the general thread and especially for those with less market experience. I am well aware that there are many posters on this thread who are much more experienced than I, and beside whose knowledge my poor faculties are dwarfed. I DID indicate that long-term readers (investors) should skip my post or be bored. I very much regret that you found my post condescending bombast, for it was certainly not intended that way. I shall be delighted to return to the sidelines and let you, who are so much more knowledgeable than this poor 9th grader, continue to post for the erudition and enlightenment of the thread. "I know damn well what a P/E ratio represents, and how the average person perceives it. Your condescending bombast about P/E ratios was way out of line. Do you think, that just maybe, someone else besides you might know a little something about P/E ratios?" I am puzzled--if you already knew so much, why did you ask the question? Or were you looking for a more sophomoric "Go, DELL, Go!" or "Because it's DELL"? Bear in mind, Enlightened One, if you ask a 9th grade question, you should expect a 9th grade answer. -jbn3

To: John who wrote (109146)	3/12/1999 12:23:00 AM
From: jbn3	Read Replies (1) \| Respond to of 176387

John, Please accept my apologies. I should not have teed off on you, at least not in public. Mea culpa. Obviously it was a mutual misunderstanding. I misunderstood what you were asking, and you misunderstood my tone and intent. Did not mean to demean anyone in my original post, and I regret my first response. But you did get under my skin a bit.... ;^} (maybe I'm sensitive because I know that I can be somewhat pedantic without meaning to be.) Peace, okay? bachman nabors.