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Provider of products and services worldwide that enable customers to build their information technology and Internet infrastructures; offers a range of enterprise systems, client systems, printing and imaging systems, software and peripherals.
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norrab1 (82.00) Submitted: 11/14/06 9:26 PM : Start Price: $25.52 DELL Score: -5.09
18 Price/Book ratio and a 21 P/E ratio for a company with 5% revenue growth, a saturated market, declining customer satisfaction, and a deteriorating moat? C'mon!That said, it could see a near-term bump from the upcoming Vista rollout, but that doesn't change the long-term picture. It will still be a consistent earner in the foreseeable future, but the growth will be seriously impaired by the competition and the multiples are all too high compared to the company's outlook.
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