Tuesday, February 5, 2013

Dull, errrr, Dell going private

Do you remember the bold Michael Dell statement where he said that Apple should return all the money to share holders and go out of business?  According to this, they're doing half of that themselves.  It's probably only a matter of time to go out of business.

I give Michael Dell credit for assembling computers in his dorm room.  Unfortunately, basing a company on such an operation wasn't great.  His next strategy was to underprice the competition, which worked until Dell was on top, and then, it hurt them as well.

I almost feel sorry for someone who made an opportunity into a big deal and then, watched it diminish--but he has been so arrogant that it's difficult to feel sorry for him.

At least, the shareholders will receive some of their money, and hopefully, they'll make a profit.

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