DELL has forever givingaway computers without profits.
GARBAGE company, no value, WORTHLESS POS
Shareholders value is cut by half every quarter.
> You & the rest of the low life maggot shorts
> that infest this board are in for a very
> rude awakening.
You wish! Ebbtide, can you tell us how much money you have lost on DELL stock? Everybody is dying to know!
If they stopped the stock buybacks, the price of the stock would probably plunge. Even with them it is steadily dropping. There would also be huge earnings dilution as the number of shares outstanding soared when all the freebies that management gives to itself were not otherwise sanitized.
<<It's not profit, proof is shareholders equity is decreasing at 25% to 50% every quarter. >>
They spent 1.7 Billion on a stock buyback program last quarter and only took in 700 million. Where did the other billion come from? They aren't losing money because of operations. They could simply stop the buyback and shareholder equity would start going up again.
"Revenue and earnings growth are way more important than shareholder equity"
NOT so if DELL is using acrual accounting. Acrual accounting you can hide expenses in balancesheet as long as you don't pay the bills, or even fraud accounting you post expenses as assets.
ya mean the maggot of a CEO?
"Some competitors have become stronger as they eliminated inefficiencies in their models," Rollins said, adding that "average selling prices in the high-volume transactional space, home and small-business, particularly in the U.S., have declined sharply without offsetting component price improvements."
Chief Financial Officer Jim Schneider said that Dell would no longer give specific quarterly earnings or revenue forecasts but said the company expects its fiscal second-quarter results to be "similar to" its first-quarter figures.
Flat earnings (longs hope!) in a commodity biz with no divy.....who would want this POS?
"rest of the low life maggot shorts"
I told you I am not short on DELL. Do you know how accounting works?
DELLs little profit is the result of delaying paying bills, Accounts Payable is growing every quarter more than receivable. It's not profit, proof is shareholders equity is decreasing at 25% to 50% every quarter.