There are those who think Dell Computer — an outstanding company by any measure, some of whose outstanding products I have been pleased to own — is an overvalued stock.
I’m not saying either way. (OK, I’m saying. I think it probably is. I think somehow, someday, little outfits like Compaq, IBM, Toshiba, NEC, SONY, Gateway and maybe even Intel or who knows who else may find a way to compete and, at the least, narrow Dell’s profit margins and slow its growth. I have, however, been wrong before.)
What I know for sure is that it’s fun — pointless, perhaps, but fun — to play with DELL’s market cap … to marvel at it … to find new ways of expressing the giant value Wall Street puts on it. All the more so when you consider that Michael Dell is (a) reputedly a very nice guy and (b) one of those astonishing modern-day American success stories who started the company in his dorm room.
It is for this reason that I have summoned all the subjects of my kingdom to construct on my own nascent Web site a giant “scale.” Its sole purpose (at least for now): to weigh the market cap of DELL, based on today’s prices, against a handful of not-entirely-unknown stocks you may have heard of as well. Click here to see it, and to see what it takes to tip the balance.
Quote of the Day
You see those charts that say if you put away $500 a year starting at age 20, by the time you're 50 you'd have a gazillion dollars. It just makes you ill that you didn't do it. You almost want to grab young people and shake 'em and say, 'Please don't make the same mistake I did. Please.'~James Carville
Request email delivery
- Nov 22:
Laugh Or Cry? It Is A False Choice.
- Nov 21:
All The Reasons We Should Believe Trump
- Nov 20:
The Corporate Tax Rates Are Too Damn Low
- Nov 19:
The Prices Are Just Too Damned High — And Here’s Why
- Nov 18:
Mugged by a 90-Year-Old?
- Nov 16:
Arms For Dirt
- Nov 15:
Plant A Tree — How Scientists Got It So Wrong
- Nov 14:
But Does It Rise . . . Part 2
- Nov 13:
But Does It Rise To The Level?
- Nov 12:
- Nov 22: