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Dell Computer Corporation (DELL) Message Board

  • joegi50 joegi50 Jan 14, 2013 9:43 PM Flag

    DELL: Last Chance to Dump

    ell’s mean price target by analysts is only %11.96 and the 12% pop we have seen has shares up at $12.23. The market cap is $19 billion as of now. Dell has over $15 billion of short-term and long-term liquidity before getting into any receivables, inventory, and other current assets.

    We would caution that this is very much of a new rumor after an old rumor. To get a deal of this size done, it would require a huge consortium of private equity groups. Dell also has $5.3 billion in long-term debt and it lists another amount of close to $4.2 billion in “other” liabilities and almost $4 billion in deferred long-term liability charges.

    This would not be an easy deal to get done in raw financial terms die to the large size. Another issue is that even after the pop the $12.20 share price compares to a 52-week range of $8.69 to $18.36.

    Sentiment: Strong Sell