sleepy

Dell Gets Ready for a Comeback - Barron's

More than all the profit that Dell has made from the start has been spent on buying back the stock that insiders were selling as their options matured. That's how Dell has net tangible assets of a billion or so despite tens of billions in past profit. So insiders have already taken all the money - the cash that remains is borrowed.

The Wintel glory days are over. Dell and HPQ have gutted their companies in a drive for efficiency. Possibly a winning strategy in a growth market, but potentially suicidal in difficult times.