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Technology Stocks : Dell Technologies Inc.

DELL 140.41

+1.1%

Dec 8 3:59 PM EST

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To: JRI who wrote (138939)	8/12/1999 8:26:00 AM
From: Elwood P. Dowd	of 176387

To: rudedog (66584 ) From: Elwood P. Dowd Thursday, Aug 12 1999 8:22AM ET Reply # of 66586 Per Maria B..... WSJ quotes ML as saying that pricing pressure will take its toll on pc makers over the next 2 years with companies like DELL and GTW falling prey to the pressure. Said that these companies are too richly valued at pe's as high as 53. Coverage was started on GTW with a rating of neutral. Look for weakness in the pc sector today. DELL down 1 point on instanet. CPQ was not mentioned specifically by Maria. El ------

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