While the company continues to struggle, they have over $8 per share in cash on the books. That is over 50% of their market cap. They pay no dividend. They could pay off all of their debt and would still have several dollars cash on the books. Still, if DELL is to survive, its business must be transformed. Guest on Bloomberg yesterday said that at some point, the company would have to spend lots of cash in order to attempt such a transformation.
I don't see any play that interest me, but at some point maybe something will be there. Any thoughts?