Thank you for the thorough and understandable answer. I realize my question was naive, but I just didn't anticipate that Dell had such a considerably low price

Thank you for the thorough and understandable answer. I realize my question was naive, but I just didn't anticipate that Dell had such a considerably low price-to-assets ratio (okay, I made this ratio up. I'm obviously not a finance guy). I assumed that at least a big part of the buyout would be a premium on top of the revenue-generating assets, and I was wondering what factors might drive that premium up. Your last point seems to answer that question sufficiently.