Say What!? Deliberations on Dell, the Dow and Divorce

“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.

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