Re: Considering DELL and MSFT...
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Or more specifically....can you give us a fair estimate for DELL/MSFT's sales and/or profits 5 and/or 10 years from now (and thereby demonstrate why these stocks would be poor investments at today's prices)?
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I can't imagine that you disagree, that DELL and MSFT growth rates in the future will be significantly lower than they were in the past?
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Strawman argument. They don't need the same growth rate they had in the past to be a good value at today's prices.
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