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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 210.00-2.0%Jan 7 3:59 PM EST

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To: Mani1 who started this subject10/4/2001 8:15:24 AM
From: andreas_wonisch of 275872
 
Dell Reaffirms Guidance for Third-Quarter Revenue, Earnings

biz.yahoo.com

Michael Dell, the company's chairman and chief executive officer, said prior to today's teleconference that while conditions in the computer-systems industry remain difficult, the company's strategic, operating and financial position ``is better than it's ever been.''

``We're winning new customers at a rapid rate and successfully managing our operating expenses,'' said Mr. Dell. ``Those strengths in the midst of a trying period give us great confidence for the long term.''

He said the company expects to make further share gains in all product categories, customer segments and regional markets during the current quarter, even as it continues to achieve industry-leading profitability.

``More than ever, customers are insisting on superior price-for-performance, and no company is able to deliver that more effectively than Dell,'' said Kevin Rollins, Dell's president and chief operating officer. ``As global spending on information technology improves, and we firmly believe it will, we'll be a stronger company with even greater opportunities.''


Impressive. The stock is already up nearly 10% in pre-market.

Andreas
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