Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Knighty Tin who wrote (60720)	5/26/1999 10:39:00 AM
From: BGR	Read Replies (3) \| Respond to of 132070

Michael, At least you admit that DELL has an advantage! Whoa! I do agree that the industry doesn't seem to be in the best possible health. As for overpayment, I have presented my valuation model for growth companies based on expected growth and PEG relative to the S&P. I understand that you disagree, which is OK. But may I know what your valuation model is? Earlie's, I believe, is PB, which is inappropriate IMO for most high-tech companies and in particular for DELL, where no book value is placed on their build-to-order model with superb cash conversion cycle (where they get paid first by their customers and pay their suppliers later), based on an extremely efficient just-in-time supply chain management implementation. -BGR.