“The problem with the Dell model is you get paid up front. And that’s a great model when business is growing because cash comes in before the payables. But as your business shrinks, it works the other way.”
— James Chanos, president and founder of Kynikos Associates, on why he’s shorting Dell stock in yet another short-seller’s rebuttal to activist investor Carl Icahn, who has built a 6 percent stake in the company.