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Technology Stocks : Dell Technologies Inc.

DELL 137.11

-0.8%

12:46 PM EST

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To: jmac who wrote (147025)	11/11/1999 4:49:00 PM
From: Bob D	Read Replies (1) of 176387

DELL buys back 15 million shares during the quarter. 11 Nov 16:39 Dell Computer Corp. (DELL) said third quarter results were hurt by higher-than-expected cost increases late in the quarter for random-access memory used in its products. Dell's worldwide third quarter product shipments rose 59% from last year's levels. European revenue rose 22% from last year. Cash from operations for the quarter was $1.1 billion, part of which was used to repurchase 15 million shares. Sales from Dell's Web site rose to $35 million a day by the end of the quarter.

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