DELL- DAYTRADERS ONLY Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : DELL- DAYTRADERS ONLY

DELL 160.97

-1.6%

3:59 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Princess who wrote (19)	7/21/1998 11:43:00 PM
From: Samnsm	Read Replies (1) of 36

DELL dropped on comments by DELL's Chief Financial Officer Tom Meredith on a broker conference call. The comments were misinterpreted and DELL immediately restated them on CNBC to correct any misunderstanding. During the conference call the CFO, Meredith, said that the ASP (average sales price) was declining. What the brokers did not hear or relate to was the comment that component prices were also declining. It costs DELL less so they sell them for less. CFO Meredith, and the later DELL press release, confirmed this had no negative affect on margins or earnings. By constantly decreasing prices DELL stays more competitive and stay ahead of the slower to react CPQ, IBM and HWP. GTW announces on Thursday and then the shift to DELL for the earnings play will begin. A split by GTW will only intensify the run. 2:1 split or better with DELL earnings is almost a 100% certainty. DELL dropped on comments by DELL's Chief Financial Officer Tom Meredith on a broker conference call. The comments were misinterpreted and DELL immediately restated them on CNBC to correct any misunderstanding. During the conference call the CFO, Meredith, said that the ASP (average sales price) was declining. What the brokers did not hear or relate to was the comment that component prices were also declining. It costs DELL less so they sell them for less. CFO Meredith, and the later DELL press release, confirmed this had no negative affect on margins or earnings. By constantly decreasing prices DELL stays more competitive and stay ahead of the slower to react CPQ, IBM and HWP. GTW announces on Thursday and then the shift to DELL for the earnings play will begin. A split by GTW will only intensify the run. 2:1 split or better with DELL earnings is almost a 100% certainty.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next