I'm glad I haven't owned it. Seriously, it is a value stock and while they should benefit from a pickup in the PC market in the second half, we'd prefer Dell. Also, if a stock is technically weak, we will moderate the position size. We go with a weight of the evidence approach. We have discussed it, but have no plans to do so at this time.
Valuation is a bit of an art.
With early stage companies, valuations are tough. Price to revenues is kind of the going method for tech companies. That's because they look so expensive on earnings or some of these companies have no earnings. No change in the turnover expected, but that is somewhat subject to market conditions. Taxes play a role in our decision making process, but they are not the primary consideration.