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Thursday, March 26, 2009

Dell talking about server acquisitions

I wonder if the ever lousy Rackable Systems (RACK) could see some play. It trades at a hefty discount to book due to its wildly unpredictable model and consistent losses. Their market capitalization is 118 million with a cash balance of 180 million. The company generated roughly 250 mil in sales last year, down from 350 mil in the prior year.

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